| 来源类型 | VoxEU Column |
| 规范类型 | 评论 |
| Managing the exchange rate: It's not how much, but how | |
| Atish R. Ghosh; Jonathan D. Ostry; Mahvash S. Qureshi | |
| 发表日期 | 2014-04-02 |
| 出版年 | 2014 |
| 语种 | 英语 |
| 摘要 | In 2003, the UK adopted a ‘say on pay’ policy, whereby quoted companies’ executive compensation offers have to be put to a shareholder vote. This column presents evidence that this policy has had a relatively modest impact on executive pay. A 10% increase in compensation is associated with an increase in shareholder dissent against the proposal of just 0.2%. However, remuneration committees representing the more highly rewarded CEOs are quite sensitive to dissent, provided it exceeds a critical threshold of about 10%. Shareholders do not appear more anxious about pay since the crisis. |
| 主题 | Frontiers of economic research ; Labour Markets ; Microeconomic regulation ; Poverty and Income Inequality |
| 关键词 | Voting Uk Executive pay Corporate governance Executive compensation |
| URL | https://cepr.org/voxeu/columns/managing-exchange-rate-its-not-how-much-how |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/550650 |
| 推荐引用方式 GB/T 7714 | Atish R. Ghosh,Jonathan D. Ostry,Mahvash S. Qureshi. Managing the exchange rate: It's not how much, but how. 2014. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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