Executive Compensation and Shareholder Value - Theory and Evidence (Paperback, Softcover reprint of the original 1st ed. 1999)

Executive compensation has gained widespread public attention in recent years, with the pay of top U.S. executives reaching unprecedented levels compared either with past levels, with the remuneration of top executives in other countries, or with the wages and salaries of typical employees. The extraordinary levels of executive compensation have been achieved at a time when U.S. public companies have realized substantial gains in stock market value. Many have cited this as evidence that U.S. executive compensation works well, rewarding managers who make difficult decisions that lead to higher shareholder values, while others have argued that the overly generous salaries and benefits bear little relation to company performance. Recent conceptual and empirical research permits for the first time a truly rigorous debate on these and related issues, which is the subject of this volume.

General

Imprint:	Springer-Verlag New York
Country of origin:	United States
Series:	The New York University Salomon Center Series on Financial Markets and Institutions, 4
Release date:	December 2010
First published:	1998
Editors:	Jennifer Carpenter • D. Yermack
Dimensions:	235 x 155 x 9mm (L x W x T)
Format:	Paperback
Pages:	160
Edition:	Softcover reprint of the original 1st ed. 1999
ISBN-13:	978-1-4419-5041-3
Categories:	Books > Business & Economics > Finance & accounting > Finance > General Books > Business & Economics > Business & management > Management & management techniques > General Books > Money & Finance > General
LSN:	1-4419-5041-9
Barcode:	9781441950413

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