search query: @indexterm Chief executive officers / total: 802
reference: 307 / 802
| Author: | Miller, D. |
| Title: | CEO salary increases may be rational after all: referents and contracts in CEO pay |
| Journal: | Academy of Management Journal
1995 : OCT, VOL. 38:5, p. 1361-1385 |
| Index terms: | ECONOMICS CHIEF EXECUTIVE OFFICERS PAY |
| Language: | eng |
| Abstract: | Studies investigating the relationship between executive compensation and firm performance, firm size, or both have had consistently low explanatory power. The present study uses Forbes data for 1983-89 and shows that nonparametric model, comparing the ranks of firms within industries, more accurately reflect changes in CEO compensation. There was no support for a linear relationship between performance and such changes but strong support for an increasing, convex relationship. |
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