메뉴 건너뛰기




Volumn 23, Issue 1, 2009, Pages 43-55

Compensation consultants and executive pay: Evidence from the United States and the United Kingdom

Author keywords

[No Author keywords available]

Indexed keywords


EID: 65349117701     PISSN: 15589080     EISSN: None     Source Type: Journal    
DOI: 10.5465/AMP.2009.37008002     Document Type: Article
Times cited : (99)

References (24)
  • 2
    • 84977726267 scopus 로고
    • Compensation and incentives: Practice vs. theory
    • Baker, G. P., Jensen, M. C, &Murphy, K. J. (1988). Compensation and incentives: Practice vs. theory, journal of Finance, 43, 593-616.
    • (1988) journal of Finance , vol.43 , pp. 593-616
    • Baker, G.P.1    Jensen, M.C.2    Murphy, K.J.3
  • 5
    • 33748763876 scopus 로고    scopus 로고
    • Pay without performance: Overview of the issues
    • Bebchuk, L, &. Fried, J. (2006). Pay without performance: Overview of the issues. Academy of Management Perspectives, 20(1), 18-24.
    • (2006) Academy of Management Perspectives , vol.20 , Issue.1 , pp. 18-24
    • Bebchuk, L.1    Fried, J.2
  • 6
    • 85036831737 scopus 로고    scopus 로고
    • Bender, R. (2007). Paying for advice: The role of the remuneration consultant in U.K. listed companies. (Discussion Paper). Cranfield, England: Cranfield University.
    • Bender, R. (2007). Paying for advice: The role of the remuneration consultant in U.K. listed companies. (Discussion Paper). Cranfield, England: Cranfield University.
  • 7
    • 84997701232 scopus 로고    scopus 로고
    • Does the use of peer groups contribute to higher pay and less efficient compensation?
    • Bizjak, J., Lemmon, M. L, &Naveen, L. (2008). Does the use of peer groups contribute to higher pay and less efficient compensation? Journal of Financial Economics, 90(2), 152-168.
    • (2008) Journal of Financial Economics , vol.90 , Issue.2 , pp. 152-168
    • Bizjak, J.1    Lemmon, M.L.2    Naveen, L.3
  • 10
    • 85036814076 scopus 로고    scopus 로고
    • Conyon, M. J., Core, J. E., &Guay, W. R. (2006). How high is U.S. CEO pay? A comparison with U.K. CEO pay. (Working Paper Series). Social Science Research Network. Retrieved from http://ssrn.com/abstract=907469.
    • Conyon, M. J., Core, J. E., &Guay, W. R. (2006). How high is U.S. CEO pay? A comparison with U.K. CEO pay. (Working Paper Series). Social Science Research Network. Retrieved from http://ssrn.com/abstract=907469.
  • 11
    • 0001650996 scopus 로고    scopus 로고
    • Corporate governance, chief executive officer compensation, and firm performance
    • Core, J. E., Holthausen, R. W., &Larcker, D. F. (1999). Corporate governance, chief executive officer compensation, and firm performance. Journal of Financial Economics, 51, 371-406.
    • (1999) Journal of Financial Economics , vol.51 , pp. 371-406
    • Core, J.E.1    Holthausen, R.W.2    Larcker, D.F.3
  • 14
    • 84989085735 scopus 로고
    • Chief executive compensation: A study of the intersection of markets and political processes
    • Finkelstein, S., &Hambrick, D. C. (1989). Chief executive compensation: A study of the intersection of markets and political processes. Strategic Management Journal, 10, 121-134.
    • (1989) Strategic Management Journal , vol.10 , pp. 121-134
    • Finkelstein, S.1    Hambrick, D.C.2
  • 15
    • 0002430504 scopus 로고
    • Multitask principal- agent analyses: Incentive contracts, asset ownership, and job design
    • Holmstrom, B., &Milgrom, P. (1991). Multitask principal- agent analyses: Incentive contracts, asset ownership, and job design. Journal of Law, Economics, &Organization, 7, 24-52.
    • (1991) Journal of Law, Economics, &Organization , vol.7 , pp. 24-52
    • Holmstrom, B.1    Milgrom, P.2
  • 16
    • 47949103394 scopus 로고    scopus 로고
    • Kaplan, S. N. (2008). Are U.S. CEOs overpaid? Academy of Management Perspectives, 22(2), 5-20.
    • Kaplan, S. N. (2008). Are U.S. CEOs overpaid? Academy of Management Perspectives, 22(2), 5-20.
  • 18
    • 0016779859 scopus 로고
    • On the folly of rewarding A, while hoping for B
    • Kerr, S. (1975). On the folly of rewarding A, while hoping for B. Academy of Management Journal, 18, 769-783.
    • (1975) Academy of Management Journal , vol.18 , pp. 769-783
    • Kerr, S.1
  • 19
    • 0041412312 scopus 로고
    • Corporate performance and managerial remuneration: An empirical analysis
    • Murphy, K. J. (1985). Corporate performance and managerial remuneration: An empirical analysis. Journal of Accounting and Economics, 7, 11-42.
    • (1985) Journal of Accounting and Economics , vol.7 , pp. 11-42
    • Murphy, K.J.1
  • 20
    • 85036822113 scopus 로고    scopus 로고
    • Murphy, K. J. (1999). Executive compensation. In O. Ash- enfelter &D. Card (Eds.), Handbook of labor economics, B2. Amsterdam: North Holland.
    • Murphy, K. J. (1999). Executive compensation. In O. Ash- enfelter &D. Card (Eds.), Handbook of labor economics, B2. Amsterdam: North Holland.
  • 21
    • 76849107787 scopus 로고    scopus 로고
    • Working Paper, Los Angeles: University of Southern California Marshall School of Business
    • Murphy, K. J., &Sandino, T. (2008). Executive pay and "independent" compensation consultants. (Working Paper). Los Angeles: University of Southern California Marshall School of Business.
    • (2008) Executive pay and independent
    • Murphy, K.J.1    Sandino, T.2
  • 22
    • 84935413021 scopus 로고
    • The decoupling of CEO pay and performance: An agency theory perspective
    • Tosi, H. L., &Gomez-Mejia, L. R. (1989). The decoupling of CEO pay and performance: An agency theory perspective. Administrative Science Quarterly, 34, 169-189.
    • (1989) Administrative Science Quarterly , vol.34 , pp. 169-189
    • Tosi, H.L.1    Gomez-Mejia, L.R.2
  • 24
    • 85036817740 scopus 로고    scopus 로고
    • Waxman, H. (2007). Executive pay: Conflicts of interest among compensation consultants. United States House of Representatives Committee on Oversight and Government Reform Majority Staff. Source: http://oversight.house. gov/documents/20071205100928.pdf.
    • Waxman, H. (2007). Executive pay: Conflicts of interest among compensation consultants. United States House of Representatives Committee on Oversight and Government Reform Majority Staff. Source: http://oversight.house. gov/documents/20071205100928.pdf.


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.