haku: @indexterm chief executive officers / yhteensä: 802
viite: 307 / 802
| Tekijä: | Miller, D. |
| Otsikko: | CEO salary increases may be rational after all: referents and contracts in CEO pay |
| Lehti: | Academy of Management Journal
1995 : OCT, VOL. 38:5, p. 1361-1385 |
| Asiasana: | ECONOMICS CHIEF EXECUTIVE OFFICERS PAY |
| Kieli: | eng |
| Tiivistelmä: | 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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