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Author:Conyon, M.
Murphy, K.
Title:The prince and the pauper? CEO pay in the United States and United Kingdom
Journal:Economic Journal
2000 : NOV, VOL. 110:467, p. F640-F671
Index terms:PAY
UNITED KINGDOM
USA
Language:eng
Abstract:The authors document differences in CEO pay and incentives in the United States and the United Kingdom for 1997. After controlling for size, sector and other firm and executive characteristics, CEOs in the US earn 45% higher cash compensation and 190% higher total compensation. The calculated effective ownership percentage in the US implies that the median CEO receives 1,48% of any increase in shareholder wealth compared to 0,25% in the UK.
SCIMA record nr: 223011
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