메뉴 건너뛰기




Volumn 55, Issue 3-4, 2009, Pages 434-457

How much sunlight does it take to disinfect a boardroom? A short history of executive compensation regulation in America

Author keywords

Corporate finance and governance; Executive compensation; Firm organization

Indexed keywords

COMPENSATION SYSTEM; CONFERENCE PROCEEDING; CORPORATE STRATEGY; FINANCE; INCENTIVE; INCOME; REGULATORY APPROACH; STAKEHOLDER;

EID: 70849128163     PISSN: 1610241X     EISSN: None     Source Type: Journal    
DOI: 10.1093/cesifo/ifp004     Document Type: Conference Paper
Times cited : (25)

References (38)
  • 1
    • 70849137223 scopus 로고    scopus 로고
    • Corporate Governance and Executive Pay: Evidence from Takeover Legislation
    • November
    • Bertrand, M. and S. Mullainathan (1999), "Corporate Governance and Executive Pay: Evidence from Takeover Legislation", Mimeo, November, 1999.
    • (1999) Mimeo
    • Bertrand, M.1    Mullainathan, S.2
  • 3
    • 33845801326 scopus 로고    scopus 로고
    • Federal Corporate Law: Lessons from History
    • Bebchuk, L. A. and A. Hamdani (2006), "Federal Corporate Law: Lessons from History", Columbia Law Review 106, 1793-839.
    • (2006) Columbia Law Review , vol.106 , pp. 1793-1839
    • Bebchuk, L.A.1    Hamdani, A.2
  • 5
    • 70849102304 scopus 로고    scopus 로고
    • Pay Disclosure Rules: Has More Become Less?
    • Beucler, E. and J. Dolmat-Connell (2007), "Pay Disclosure Rules: Has More Become Less?" The Corporate Board 28, 1-5.
    • (2007) The Corporate Board , vol.28 , pp. 1-5
    • Beucler, E.1    Dolmat-Connell, J.2
  • 7
    • 0040212860 scopus 로고    scopus 로고
    • CEO Stock-Based Compensation: An Empirical Analysis of Incentive-Intensity, Relative Mix, and Economic Determinants
    • Bryan, S., L. Hwang and S. Lilien (2000), "CEO Stock-Based Compensation: An Empirical Analysis of Incentive-Intensity, Relative Mix, and Economic Determinants", Journal of Business 73, 661-93.
    • (2000) Journal of Business , vol.73 , pp. 661-693
    • Bryan, S.1    Hwang, L.2    Lilien, S.3
  • 8
    • 4544273214 scopus 로고    scopus 로고
    • Executive Remuneration and Firm Performance: The Case of Large German Banks, 1854-1910
    • Burhop, C. (2004), "Executive Remuneration and Firm Performance: The Case of Large German Banks, 1854-1910", Business History 46 525-43.
    • (2004) Business History , vol.46 , pp. 525-543
    • Burhop, C.1
  • 10
    • 3042531084 scopus 로고    scopus 로고
    • The Impact of Mandated Disclosure on Performance-Based CEO Compensation
    • Craighead, J., M. Magnan and L. Thorne (2004), "The Impact of Mandated Disclosure on Performance-Based CEO Compensation", Contemporary Accounting Research 21, 369-398.
    • (2004) Contemporary Accounting Research , vol.21 , pp. 369-398
    • Craighead, J.1    Magnan, M.2    Thorne, L.3
  • 11
    • 70849109426 scopus 로고    scopus 로고
    • Say on Pay: Results From Overseas
    • Deane, S. (2007), "Say on Pay: Results From Overseas", The Corporate Board 28, 11-18.
    • (2007) The Corporate Board , vol.28 , pp. 11-18
    • Deane, S.1
  • 12
    • 84862747254 scopus 로고    scopus 로고
    • Report on the Impact of the Directors' Remuneration Report Regulations
    • Deloitte, Research Report
    • Deloitte & Touche LLP. (2004), "Report on the Impact of the Directors' Remuneration Report Regulations." Deloitte, Research Report.
    • (2004)
    • Deloitte1    Touche, L.L.P.2
  • 13
    • 33645345141 scopus 로고    scopus 로고
    • Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income
    • Dew-Becker, I. and R. J. Gordon (2005), "Where Did the Productivity Growth Go? Inflation Dynamics and the Distribution of Income", Brookings Papers on Economic Activity 38, 67-150.
    • (2005) Brookings Papers on Economic Activity , vol.38 , pp. 67-150
    • Dew-Becker, I.1    Gordon, R.J.2
  • 14
    • 70849112490 scopus 로고
    • Experience Under the New Rules: Investment Community Perspective
    • S. Keller and J. F. Olson, eds, Practicing Law Institute, New York
    • Dodell, S. E. (1993), "Experience Under the New Rules: Investment Community Perspective", in S. Keller and J. F. Olson, eds., Executive Compensation Reporting 1993, Practicing Law Institute, New York.
    • (1993) Executive Compensation Reporting 1993
    • Dodell, S.E.1
  • 15
    • 70849111075 scopus 로고    scopus 로고
    • Solving the Executive Compensation Problem through Shareholder Votes? Evidence From the UK
    • November
    • Ferri, F. and D. Maber (2007), "Solving the Executive Compensation Problem through Shareholder Votes? Evidence From the UK", Mimeo, November, 2007.
    • (2007) Mimeo
    • Ferri, F.1    Maber, D.2
  • 16
    • 70849134398 scopus 로고    scopus 로고
    • Executive Compensation: A New View from a Long-Term Perspective, 1936-2005
    • NBER Working Paper No. 14145
    • Frydman, C. and R. E. Saks (2008), "Executive Compensation: A New View from a Long-Term Perspective, 1936-2005", NBER Working Paper No. 14145.
    • (2008)
    • Frydman, C.1    Saks, R.E.2
  • 17
    • 84895602671 scopus 로고    scopus 로고
    • Rising American Inequality: New Facts
    • Paper presented at the, January
    • Gordon, R. J. (2009), "Rising American Inequality: New Facts", Paper presented at the ASSA EPS session on inequality, January, 2009.
    • (2009) ASSA EPS session on inequality
    • Gordon, R.J.1
  • 19
    • 84993848601 scopus 로고
    • The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems
    • Jensen, M. C. (1993), "The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems", Journal of Finance 48 831-80.
    • (1993) Journal of Finance , vol.48 , pp. 831-880
    • Jensen, M.C.1
  • 21
    • 0005636245 scopus 로고    scopus 로고
    • Shareholder Wealth Effects of the Private Securities Litigation Reform Act of 1995
    • Johnson, M. F., R. Kasznik and K. K. Nelson (2000), "Shareholder Wealth Effects of the Private Securities Litigation Reform Act of 1995", Review of Accounting Studies 5, 217-3.
    • (2000) Review of Accounting Studies , vol.5 , pp. 217-223
    • Johnson, M.F.1    Kasznik, R.2    Nelson, K.K.3
  • 22
    • 70849111654 scopus 로고    scopus 로고
    • Shareholder Proposals on Executive Compensation
    • April
    • Johnson M. F. and M. B. Shackell (1997), "Shareholder Proposals on Executive Compensation", Mimeo, April, 1997.
    • (1997) Mimeo
    • Johnson, M.F.1    Shackell, M.B.2
  • 24
    • 0030637314 scopus 로고    scopus 로고
    • The Complexity of Compensation Contracts
    • Kole, S. R. (1997), "The Complexity of Compensation Contracts", Journal of Financial Economics 43, 79-104.
    • (1997) Journal of Financial Economics , vol.43 , pp. 79-104
    • Kole, S.R.1
  • 26
    • 0041426725 scopus 로고    scopus 로고
    • Economic consequences of Regulated Changes in Disclosure: The Case of Executive Compensation,
    • Lo, K. (2003), "Economic consequences of Regulated Changes in Disclosure: The Case of Executive Compensation,", Journal of Accounting and Economics 35, 285-314.
    • (2003) Journal of Accounting and Economics , vol.35 , pp. 285-314
    • Lo, K.1
  • 28
    • 0011486803 scopus 로고
    • SEC Disclosure Regulation and Management Perquisites
    • McGahran, K. T. (1988), "SEC Disclosure Regulation and Management Perquisites", The Accounting Review 63, 23-41.
    • (1988) The Accounting Review , vol.63 , pp. 23-41
    • McGahran, K.T.1
  • 29
    • 84997994340 scopus 로고    scopus 로고
    • Reporting Choice and the 1992 Proxy Disclosure Rules
    • Murphy, K. J. (1996), "Reporting Choice and the 1992 Proxy Disclosure Rules", Journal of Accounting, Auditing, and Finance 11, 497-515.
    • (1996) Journal of Accounting, Auditing, and Finance , vol.11 , pp. 497-515
    • Murphy, K.J.1
  • 30
    • 70849118382 scopus 로고    scopus 로고
    • Olson, J. F., R. O. Mueller and A. M. Rogers, III (1993), The Board Compensation Committee Report on Executive Compensation: The Effect on the State Law Fiduciary Duty of Directors, in S. Keller and J. F. Olson, eds., Executive Compensation Reporting 1993, New York, Practicing Law Institute.
    • Olson, J. F., R. O. Mueller and A. M. Rogers, III (1993), "The Board Compensation Committee Report on Executive Compensation: The Effect on the State Law Fiduciary Duty of Directors", in S. Keller and J. F. Olson, eds., Executive Compensation Reporting 1993, New York, Practicing Law Institute.
  • 32
    • 85012126958 scopus 로고    scopus 로고
    • Executive Pay and the Disclosure Environment: Canadian Evidence
    • Park, Y. W., T. Nelson and M. R. Huson (2001), "Executive Pay and the Disclosure Environment: Canadian Evidence", The Journal of Financial Research 24, 347-65.
    • (2001) The Journal of Financial Research , vol.24 , pp. 347-365
    • Park, Y.W.1    Nelson, T.2    Huson, M.R.3
  • 33
    • 0037331911 scopus 로고    scopus 로고
    • Income Inequality in the United States, 1913-1998
    • Piketty, T. and E. Saez (2003), "Income Inequality in the United States, 1913-1998", Quarterly Journal of Economics 118, 1-39.
    • (2003) Quarterly Journal of Economics , vol.118 , pp. 1-39
    • Piketty, T.1    Saez, E.2
  • 34
    • 70849104051 scopus 로고
    • The Effect of the New Proxy, Tax, and FASB Rules on Executive Compensation
    • S. Keller and J. F. Olson, eds, Practicing Law Institute, New York
    • Salwen, R. and L. M. Laarman (1993), "The Effect of the New Proxy, Tax, and FASB Rules on Executive Compensation", in S. Keller and J. F. Olson, eds., Executive Compensation Reporting 1993, Practicing Law Institute, New York.
    • (1993) Executive Compensation Reporting 1993
    • Salwen, R.1    Laarman, L.M.2
  • 36
    • 70849120505 scopus 로고    scopus 로고
    • Board Independence and the Design of Executive Compensation
    • September
    • Singh, R. (2006), "Board Independence and the Design of Executive Compensation." Mimeo, September, 2006.
    • (2006) Mimeo
    • Singh, R.1
  • 37
    • 84960200404 scopus 로고    scopus 로고
    • Say-on-Pay' Movement Loses Steam
    • May 6
    • Tse, T. M. (2008), " 'Say-on-Pay' Movement Loses Steam." The Washington Post, May 6, 2006, p. D1.
    • (2006) The Washington Post
    • Tse, T.M.1
  • 38
    • 0002317412 scopus 로고    scopus 로고
    • The Association Between the SEC's 1992 Compensation Disclosure Rule and Executive Compensation Policy Changes
    • Vafeas, N. and Z. Afxentiou (1998), "The Association Between the SEC's 1992 Compensation Disclosure Rule and Executive Compensation Policy Changes", Journal of Accounting and Public Policy 17, 27-54.
    • (1998) Journal of Accounting and Public Policy , vol.17 , pp. 27-54
    • Vafeas, N.1    Afxentiou, Z.2


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.