Governance and Executive Compensation

Governance and Executive Compensation

19 articles, dating from 1988 to 2009Contributors include: M. Conyon, J. Core, M. Jensen, K. Murphy, C. Prendergast

Author: William Forbes

Publisher: Edward Elgar Pub

ISBN: 1848442017

Category: Business & Economics

Page: 510

View: 980

This timely volume is an authoritative selection of the most important papers investigating the complex and controversial issue of governance and executive compensation. Professor Forbes includes seminal material on the history, rationale and prospects for executive pay and its impact upon corporate performance. He has also written a new original introduction to each section explaining the contribution of each paper. This landmark book will be an essential source of reference for an understanding of executive pay and its relationship to business success.
Categories: Business & Economics

Understanding Executive Compensation and Governance A Practical Guide

Understanding Executive Compensation and Governance  A Practical Guide

This edition explores the full scope of executive pay, with topics ranging from setting a pay philosophy to arranging deferred compensation programs.

Author: Irving S. Becker

Publisher: Worldatwork

ISBN: 1579633951

Category: Business & Economics

Page: 536

View: 650

Getting executive compensation right is not an easy task. Finding the appropriate compensation plan to incentivize executives and drive corporate performance is an annual challenge for corporate boards. There is a myriad of factors at play. Boards must balance the need to incentivize individuals, keep compensation costs reasonable, maintain internal equity, and manage shareholder value. While directors wrestle with these factors, matters are made all the more difficult given the scrutiny executive pay now faces by shareholders, legislators, interest groups and the media. In other words, compensating executives has never been more complex. Understanding Executive Compensation & Governance demystifies each component of pay and serves as a go-to resource for individuals in and out of the boardroom. This edition explores the full scope of executive pay, with topics ranging from setting a pay philosophy to arranging deferred compensation programs. This book also covers new and emerging trends in compensation, such as the rise of ESG, the expanding role of the compensation committee, and the use of relative metrics in incentive programs. International compensation is also included with sections on Australia, Canada, France, Germany, Japan, the Netherlands, and the United Kingdom. The carefully selected and organized chapters address the basic areas affecting executive compensation. This book synthesizes current knowledge and best practices through a collection of articles, with relevant discussions on the advantages and disadvantages of certain pay decisions. Readers have easy access to a wide range of executive pay issues that are especially pertinent in the current debate on the topic. Relevant to any type of company, whether publicly or privately held, Understanding Executive Compensation & Governance is a must-read for any professional responsible for crafting or overseeing executive pay programs.
Categories: Business & Economics

Research Handbook on Executive Pay

Research Handbook on Executive Pay

Research on executive compensation has exploded in recent years, and this volume of specially commissioned essays brings the reader up-to-date on all of the latest developments in the field.

Author: John S. Beasley

Publisher: Edward Elgar Publishing

ISBN: 9781781005101

Category: Business & Economics

Page: 552

View: 863

Research on executive compensation has exploded in recent years, and this volume of specially commissioned essays brings the reader up-to-date on all of the latest developments in the field. Leading corporate governance scholars from a range of countries set out their views on four main areas of executive compensation: the history and theory of executive compensation, the structure of executive pay, corporate governance and executive compensation, and international perspectives on executive pay. The authors analyze the two dominant theoretical approaches – managerial power theory and optimal contracting theory – and examine their impact on executive pay levels and the practices of concentrated and dispersed share ownership in corporations. The effectiveness of government regulation of executive pay and international executive pay practices in Australia, the US, Europe, China, India and Japan are also discussed. A timely study of a controversial topic, the Handbook will be an essential resource for students, scholars and practitioners of law, finance, business and accounting.
Categories: Business & Economics

Executive Compensation Best Practices

Executive Compensation Best Practices

Essential reading for board members, CEOs, and senior human resources leaders from companies of every size, this book is the most authoritative reference on executive compensation.

Author: Frederick D. Lipman

Publisher: John Wiley & Sons

ISBN: 0470283033

Category: Business & Economics

Page: 336

View: 636

Executive Compensation Best Practices demystifies the topic of executive compensation, with a hands-on guide providing comprehensive compensation guidance for all members of the board. Essential reading for board members, CEOs, and senior human resources leaders from companies of every size, this book is the most authoritative reference on executive compensation.
Categories: Business & Economics

The Impact of Corporate Governance on Executive Compensation

The Impact of Corporate Governance on Executive Compensation

Considering external measures of corporate governance, we find that different types of shareholders and competitive environments impact executive compensation.

Author: Stephen G. Sapp

Publisher:

ISBN: OCLC:1291135711

Category:

Page: 49

View: 879

This paper examines the relationship between the compensation of the top five executives at a set of over 400 publicly listed Canadian firms and various internal and external corporate governance-related factors. The media is full of stories suggesting a relationship between large executive compensation packages and failures in governance at various levels within organizations, but there exists little formal analysis of many of these relationships. Our analysis provides empirical evidence supporting some of these assertions, refuting others and documenting new relationships. We find that variances in internal governance related to differences across firms in the characteristics of the CEO, compensation committee and board of directors do influence both the level and composition of executive compensation, especially for the CEO. Considering external measures of corporate governance, we find that different types of shareholders and competitive environments impact executive compensation. We do not find that either the internal or external governance characteristics dominate.
Categories:

Responsible Executive Compensation for a New Era of Accountability

Responsible Executive Compensation for a New Era of Accountability

Focusing on the critical issues facing companies that need to assess and refine their executive reward strategies, this authoritative book covers the hallmarks characterizing well-designed and responsible executive compensation programs, ...

Author: Peter T. Chingos

Publisher: John Wiley & Sons

ISBN: 9780471655084

Category: Business & Economics

Page: 352

View: 566

A definitive road map to help companies assess and refine their executive reward strategies. Responsible pay has become inextricably linked with corporate governance and long-term shareholder value creation. Responsible Executive Compensation for a New Era of Accountability shows you how to revamp your executive compensation programs to drive shareholder value creation while adhering to the high standards of the new corporate governance environment. Packed with case studies, diagnostics, and contributions from world-renowned experts in executive compensation, this vital resource offers a comprehensive overview of the critical issues affecting executive compensation practice and theory during this new era. Order your copy today!
Categories: Business & Economics