The board of directors and executive compensation in the context of crisis: A comparative study between the United States and France
This study examines whether the characteristics of the board of directors may affect the level of remuneration, for two samples having different systems of governance for the period from 2002 to 2010. Given the importance the financial crisis for executive pay, investigations in executive compensati...
Gespeichert in:
| Veröffentlicht in: | International journal of business 2016, Vol.21 (1), p.68 |
|---|---|
| Hauptverfasser: | , |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | |
|---|---|
| container_issue | 1 |
| container_start_page | 68 |
| container_title | International journal of business |
| container_volume | 21 |
| creator | Bouras, Mehdi Gallali, Mohamed Imen |
| description | This study examines whether the characteristics of the board of directors may affect the level of remuneration, for two samples having different systems of governance for the period from 2002 to 2010. Given the importance the financial crisis for executive pay, investigations in executive compensation during periods of crisis are very limited. This study provides a contribution to the literature where we tried to determine if the manager takes advantage of this period of instability. The results indicate the positive impact of the period of crisis on the level of compensation of the U.S. manager, which is not true with his French counterpart. To our knowledge, no study has been conducted on board effectiveness during periods of instability. The results show that during this period this mechanism is unable to control the manager who benefits from excessive compensation. |
| format | Article |
| fullrecord | <record><control><sourceid>gale_proqu</sourceid><recordid>TN_cdi_proquest_journals_1784458923</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><galeid>A463514870</galeid><sourcerecordid>A463514870</sourcerecordid><originalsourceid>FETCH-LOGICAL-g429t-642bfb1404063fab497641102b1fa99d604cd6d47cad0618f458d0ea95ca57c53</originalsourceid><addsrcrecordid>eNqNkEFrwjAUx3vYYM7tOwR2GqwjbdO03U1kOkHmQT2XNHmtEU1ckm7uvg--aD0o7DACL_D4_d6f966CXoTzJCQJoTfBrbVrjBOS0LgX_CxWgCrNjEC6RkIa4E4bi5gSCPbAWyc_AXG93YGyzEmtkFTIrQ495WDvDho30kr7ggZHkBl2lKxrxTeqwH0BdMpSSQcCzR1z0EWMDFMc7oLrmm0s3J_-frAcvS6Gb-F0Np4MB9OwIXHhQkriqq4iggmmSc0qUmSURBGOq6hmRSEoJlxQQTLOBKZRXpM0FxhYkXKWZjxN-sFDN3dn9EcL1pVr3RrlI8soy4nHizjx1HNHNWwDpVS1doZx_wRspd8aaun7A0KTNCJ5hr3weCGcLtOw1tpyMn__N5uPp5ds-BfL9WYDDZT-NMPZJf90xletlQqsL1Y2K2e7iDP8F9CzpoE</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>1784458923</pqid></control><display><type>article</type><title>The board of directors and executive compensation in the context of crisis: A comparative study between the United States and France</title><source>Business Source Complete</source><creator>Bouras, Mehdi ; Gallali, Mohamed Imen</creator><creatorcontrib>Bouras, Mehdi ; Gallali, Mohamed Imen</creatorcontrib><description>This study examines whether the characteristics of the board of directors may affect the level of remuneration, for two samples having different systems of governance for the period from 2002 to 2010. Given the importance the financial crisis for executive pay, investigations in executive compensation during periods of crisis are very limited. This study provides a contribution to the literature where we tried to determine if the manager takes advantage of this period of instability. The results indicate the positive impact of the period of crisis on the level of compensation of the U.S. manager, which is not true with his French counterpart. To our knowledge, no study has been conducted on board effectiveness during periods of instability. The results show that during this period this mechanism is unable to control the manager who benefits from excessive compensation.</description><identifier>ISSN: 1083-4346</identifier><language>eng</language><publisher>Fresno: Premier Publishing, Inc</publisher><subject>Annual reports ; Boards of directors ; Chairman of the board ; Chief executive officers ; Committees ; Compensation and benefits ; Corporate governance ; Economic crisis ; Executive compensation ; Executives ; Financial crises ; Hypotheses ; Managers ; Outside directors ; Stockholders</subject><ispartof>International journal of business, 2016, Vol.21 (1), p.68</ispartof><rights>COPYRIGHT 2016 Premier Publishing, Inc.</rights><rights>COPYRIGHT 2016 Premier Publishing, Inc.</rights><rights>Copyright Premier Publishing, Inc. Winter 2016</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><link.rule.ids>314,776,780,4010</link.rule.ids></links><search><creatorcontrib>Bouras, Mehdi</creatorcontrib><creatorcontrib>Gallali, Mohamed Imen</creatorcontrib><title>The board of directors and executive compensation in the context of crisis: A comparative study between the United States and France</title><title>International journal of business</title><addtitle>International Journal of Business</addtitle><description>This study examines whether the characteristics of the board of directors may affect the level of remuneration, for two samples having different systems of governance for the period from 2002 to 2010. Given the importance the financial crisis for executive pay, investigations in executive compensation during periods of crisis are very limited. This study provides a contribution to the literature where we tried to determine if the manager takes advantage of this period of instability. The results indicate the positive impact of the period of crisis on the level of compensation of the U.S. manager, which is not true with his French counterpart. To our knowledge, no study has been conducted on board effectiveness during periods of instability. The results show that during this period this mechanism is unable to control the manager who benefits from excessive compensation.</description><subject>Annual reports</subject><subject>Boards of directors</subject><subject>Chairman of the board</subject><subject>Chief executive officers</subject><subject>Committees</subject><subject>Compensation and benefits</subject><subject>Corporate governance</subject><subject>Economic crisis</subject><subject>Executive compensation</subject><subject>Executives</subject><subject>Financial crises</subject><subject>Hypotheses</subject><subject>Managers</subject><subject>Outside directors</subject><subject>Stockholders</subject><issn>1083-4346</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2016</creationdate><recordtype>article</recordtype><sourceid>N95</sourceid><sourceid>BENPR</sourceid><recordid>eNqNkEFrwjAUx3vYYM7tOwR2GqwjbdO03U1kOkHmQT2XNHmtEU1ckm7uvg--aD0o7DACL_D4_d6f966CXoTzJCQJoTfBrbVrjBOS0LgX_CxWgCrNjEC6RkIa4E4bi5gSCPbAWyc_AXG93YGyzEmtkFTIrQ495WDvDho30kr7ggZHkBl2lKxrxTeqwH0BdMpSSQcCzR1z0EWMDFMc7oLrmm0s3J_-frAcvS6Gb-F0Np4MB9OwIXHhQkriqq4iggmmSc0qUmSURBGOq6hmRSEoJlxQQTLOBKZRXpM0FxhYkXKWZjxN-sFDN3dn9EcL1pVr3RrlI8soy4nHizjx1HNHNWwDpVS1doZx_wRspd8aaun7A0KTNCJ5hr3weCGcLtOw1tpyMn__N5uPp5ds-BfL9WYDDZT-NMPZJf90xletlQqsL1Y2K2e7iDP8F9CzpoE</recordid><startdate>2016</startdate><enddate>2016</enddate><creator>Bouras, Mehdi</creator><creator>Gallali, Mohamed Imen</creator><general>Premier Publishing, Inc</general><scope>N95</scope><scope>XI7</scope><scope>8GL</scope><scope>ISN</scope><scope>0U~</scope><scope>1-H</scope><scope>3V.</scope><scope>4S-</scope><scope>4T-</scope><scope>4U-</scope><scope>7WY</scope><scope>7WZ</scope><scope>7XB</scope><scope>87Z</scope><scope>88C</scope><scope>8FI</scope><scope>8FJ</scope><scope>8FK</scope><scope>8FL</scope><scope>ABUWG</scope><scope>AFKRA</scope><scope>BENPR</scope><scope>BEZIV</scope><scope>CCPQU</scope><scope>DWQXO</scope><scope>FRNLG</scope><scope>FYUFA</scope><scope>F~G</scope><scope>GHDGH</scope><scope>K60</scope><scope>K6~</scope><scope>L.-</scope><scope>L.0</scope><scope>M0C</scope><scope>M0T</scope><scope>PQBIZ</scope><scope>PQBZA</scope><scope>PQEST</scope><scope>PQQKQ</scope><scope>PQUKI</scope><scope>Q9U</scope></search><sort><creationdate>2016</creationdate><title>The board of directors and executive compensation in the context of crisis: A comparative study between the United States and France</title><author>Bouras, Mehdi ; Gallali, Mohamed Imen</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-g429t-642bfb1404063fab497641102b1fa99d604cd6d47cad0618f458d0ea95ca57c53</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2016</creationdate><topic>Annual reports</topic><topic>Boards of directors</topic><topic>Chairman of the board</topic><topic>Chief executive officers</topic><topic>Committees</topic><topic>Compensation and benefits</topic><topic>Corporate governance</topic><topic>Economic crisis</topic><topic>Executive compensation</topic><topic>Executives</topic><topic>Financial crises</topic><topic>Hypotheses</topic><topic>Managers</topic><topic>Outside directors</topic><topic>Stockholders</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Bouras, Mehdi</creatorcontrib><creatorcontrib>Gallali, Mohamed Imen</creatorcontrib><collection>Gale Business: Insights</collection><collection>Business Insights: Essentials</collection><collection>Gale In Context: High School</collection><collection>Gale In Context: Canada</collection><collection>Global News & ABI/Inform Professional</collection><collection>Trade PRO</collection><collection>ProQuest Central (Corporate)</collection><collection>BPIR.com Limited</collection><collection>Docstoc</collection><collection>University Readers</collection><collection>ABI/INFORM Collection</collection><collection>ABI/INFORM Global (PDF only)</collection><collection>ProQuest Central (purchase pre-March 2016)</collection><collection>ABI/INFORM Global (Alumni Edition)</collection><collection>Healthcare Administration Database (Alumni)</collection><collection>Hospital Premium Collection</collection><collection>Hospital Premium Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni) (purchase pre-March 2016)</collection><collection>ABI/INFORM Collection (Alumni Edition)</collection><collection>ProQuest Central (Alumni Edition)</collection><collection>ProQuest Central UK/Ireland</collection><collection>ProQuest Central</collection><collection>Business Premium Collection</collection><collection>ProQuest One Community College</collection><collection>ProQuest Central Korea</collection><collection>Business Premium Collection (Alumni)</collection><collection>Health Research Premium Collection</collection><collection>ABI/INFORM Global (Corporate)</collection><collection>Health Research Premium Collection (Alumni)</collection><collection>ProQuest Business Collection (Alumni Edition)</collection><collection>ProQuest Business Collection</collection><collection>ABI/INFORM Professional Advanced</collection><collection>ABI/INFORM Professional Standard</collection><collection>ABI/INFORM Global</collection><collection>Healthcare Administration Database</collection><collection>ProQuest One Business</collection><collection>ProQuest One Business (Alumni)</collection><collection>ProQuest One Academic Eastern Edition (DO NOT USE)</collection><collection>ProQuest One Academic</collection><collection>ProQuest One Academic UKI Edition</collection><collection>ProQuest Central Basic</collection><jtitle>International journal of business</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Bouras, Mehdi</au><au>Gallali, Mohamed Imen</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>The board of directors and executive compensation in the context of crisis: A comparative study between the United States and France</atitle><jtitle>International journal of business</jtitle><addtitle>International Journal of Business</addtitle><date>2016</date><risdate>2016</risdate><volume>21</volume><issue>1</issue><spage>68</spage><pages>68-</pages><issn>1083-4346</issn><abstract>This study examines whether the characteristics of the board of directors may affect the level of remuneration, for two samples having different systems of governance for the period from 2002 to 2010. Given the importance the financial crisis for executive pay, investigations in executive compensation during periods of crisis are very limited. This study provides a contribution to the literature where we tried to determine if the manager takes advantage of this period of instability. The results indicate the positive impact of the period of crisis on the level of compensation of the U.S. manager, which is not true with his French counterpart. To our knowledge, no study has been conducted on board effectiveness during periods of instability. The results show that during this period this mechanism is unable to control the manager who benefits from excessive compensation.</abstract><cop>Fresno</cop><pub>Premier Publishing, Inc</pub><tpages>19</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 1083-4346 |
| ispartof | International journal of business, 2016, Vol.21 (1), p.68 |
| issn | 1083-4346 |
| language | eng |
| recordid | cdi_proquest_journals_1784458923 |
| source | Business Source Complete |
| subjects | Annual reports Boards of directors Chairman of the board Chief executive officers Committees Compensation and benefits Corporate governance Economic crisis Executive compensation Executives Financial crises Hypotheses Managers Outside directors Stockholders |
| title | The board of directors and executive compensation in the context of crisis: A comparative study between the United States and France |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-02T20%3A26%3A29IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-gale_proqu&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=The%20board%20of%20directors%20and%20executive%20compensation%20in%20the%20context%20of%20crisis:%20A%20comparative%20study%20between%20the%20United%20States%20and%20France&rft.jtitle=International%20journal%20of%20business&rft.au=Bouras,%20Mehdi&rft.date=2016&rft.volume=21&rft.issue=1&rft.spage=68&rft.pages=68-&rft.issn=1083-4346&rft_id=info:doi/&rft_dat=%3Cgale_proqu%3EA463514870%3C/gale_proqu%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=1784458923&rft_id=info:pmid/&rft_galeid=A463514870&rfr_iscdi=true |