haku: @author Larcker, D. F. / yhteensä: 32
viite: 10 / 32
| Tekijä: | Lanen, W. N. Larcker, D. F. |
| Otsikko: | Executive compensation contract adoption in the electric utility industry |
| Lehti: | Journal of Accounting Research
1992 : SPRING, VOL. 30, p. 70-93 |
| Asiasana: | COMPENSATION CONTRACTS ELECTRICITY INDUSTRY |
| Kieli: | eng |
| Tiivistelmä: | This paper examines the hypothesis that changes in executive compensation contracts are an organizational response to shifts in the firm's external environment and/or corporate strategy. In particular, we consider whether the initial adoption of compensation contracts for senior executives in the electric utility industry is associated with a regulatory shift from a "cost-plus" revenue function to one explicitly linked to productive efficiency, the level of production efficiency, and diversification into unregulated business activities. |
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