haku: @author Murphy, K. / yhteensä: 8
viite: 5 / 8
| Tekijä: | Murphy, K. |
| Otsikko: | Executive compensation and the Modern Industrial Revolution |
| Lehti: | International Journal of Industrial Organization
1997 : JUL, VOL. 15:4, p. 417-426 |
| Asiasana: | INDUSTRIAL ORGANIZATION COMPENSATION ECONOMICS |
| Kieli: | eng |
| Tiivistelmä: | The controversy over executive compensation reflects a popular attack on wealth and legitimate shareholder concerns regarding reflective pay practices. These factors both reflect rapid worldwide political, economic, and technological changes that have redistributed income (causing the popular revolt), and produced excess capacity (causing the failure of pay systems that reward size and growth rather than wealth creation). The new world economy has produced unparalleled opportunities to create wealth, even in sectors with few growth opportunities. |
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