Executive compensation: A survey of theory and evidence

A Edmans, X Gabaix, D Jenter - The handbook of the economics of …, 2017 - Elsevier
This paper reviews the theoretical and empirical literature on executive compensation. We
start by presenting data on the level of CEO and other top executive pay over time and …

[PDF][PDF] Financial accounting theory

WR Scott, PC O'Brien - 1997 - academia.edu
This course examines various conceptual and theoretical approaches to accounting,
including the implications of economics and finance on financial reporting. Focusing on …

Managerial compensation

M Goergen, L Renneboog - Journal of Corporate Finance, 2011 - Elsevier
We review the existing literature on managerial compensation, with particular reference to
the two contrasting views about its main driver. On the one hand, managerial compensation …

Executive compensation: Where we are, and how we got there

KJ Murphy - Handbook of the Economics of Finance, 2013 - Elsevier
In this study, I summarize the current state of executive compensation, discuss measurement
and incentive issues, document recent trends in executive pay in both US and international …

Executive compensation: A modern primer

A Edmans, X Gabaix - Journal of Economic literature, 2016 - aeaweb.org
This article studies traditional and modern theories of executive compensation, bringing
them together under a simple unifying framework accessible to the general-interest reader …

Relative performance evaluation and related peer groups in executive compensation contracts

G Gong, LY Li, JY Shin - The Accounting Review, 2011 - publications.aaahq.org
This study examines the explicit use of relative performance evaluation (RPE) in executive
compensation contracts and the selection of RPE peers. Using S&P 1500 firms' first proxy …

Are all CEOs above average? An empirical analysis of compensation peer groups and pay design

J Bizjak, M Lemmon, T Nguyen - Journal of financial economics, 2011 - Elsevier
Companies can potentially use compensation peer groups to inflate pay by choosing peers
that are larger, choosing a high target pay percentile, or choosing peer firms with high pay …

Whose algorithm says so: The relationships between type of firm, perceptions of trust and expertise, and the acceptance of financial robo-advice

CJS Lourenço, BGC Dellaert… - Journal of Interactive …, 2020 - journals.sagepub.com
Financial advisors seek to accurately measure individuals' risk preferences and provide
sound personalized investment advice. Both advice tasks are increasingly offered through …

Shareholder voting and directors' remuneration report legislation: Say on pay in the UK

M Conyon, G Sadler - Corporate Governance: An International …, 2010 - Wiley Online Library
ABSTRACT Manuscript Type: Empirical Research Question/Issue: The paper investigates
the determinants of shareholder voting and its relation to CEO pay in the UK. The context of …

Executive compensation and board governance in US firms

MJ Conyon - The Economic Journal, 2014 - academic.oup.com
This paper investigates US executive compensation and governance. I find on average
executive pay is positively correlated to firm performance and firm size. Executive pay …