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CEO Compensation, Compensation Risk, and Coporate Governance

CEO Compensation, Compensation Risk, and Coporate Governance

von Zhimin Yu
Softcover - 9783659280559
49,00 €
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Beschreibung

Literature suggests that CEOs of technology firms earn higher pay than CEOs of non-technology firms. I investigate whether compensation risk explains the difference in compensation between technology firms and non-technology firms. Controlling for firm size and performance, I find that CEOs in technology firms have higher pay, but also have much higher compensation risk compared to non-technology firms. Compensation risk explains the major part of the difference in CEO pay. My study is consistent with the labor market economics view that CEOs earn competitive risk-adjusted total compensation.

Evidence from Technology Firms

Details

Verlag LAP LAMBERT Academic Publishing
Ersterscheinung 19. Oktober 2012
Maße 22 cm x 15 cm x 0.4 cm
Gewicht 113 Gramm
Format Softcover
ISBN-13 9783659280559
Seiten 64