G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Executive Compensation: Facts
Gian Luca Clementi; Thomas Cooley
发表日期2010
出处Economy and Society
出版年2010
语种英语
摘要In this paper we describe the important features of executive compensation in the US from 1993 to 2006. Some confirm what has been found for earlier periods and some are novel. Notable facts are that: the compensation distribution is highly skewed; each year, a sizeable fraction of chief executives lose money; the use of security grants has increased over time; the income accruing to CEOs from the sale of stock increased; regardless of the measure we adopt, compensation responds strongly to innovations in shareholder wealth; measured as dollar changes in compensation, incentives have strengthened over time, measured as percentage changes in wealth, they have not changed in any appreciable way.
特色分类G34;J33;M52
关键词CEO Pay–Performance Sensitivity Stock Options
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/executive-compensation-facts/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117866
推荐引用方式
GB/T 7714
Gian Luca Clementi,Thomas Cooley. Executive Compensation: Facts. 2010.
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