Is CEO compensation related to company performance?

CEO compensation now averages about 209 times that of the typical U.S. factory worker. But is CEO compensation related to company performance ? The authors review the key issues in accounting for CEO compensation, and then compare the compensation of CEOs with their companies' performance. The...

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Veröffentlicht in:	The Journal of corporate accounting & finance 1997-09, Vol.9 (1), p.91-99
Hauptverfasser:	Langsam, Sheldon A., Kreuze, Jerry G., Newell, Gale E.
Format:	Artikel
Sprache:	eng
Schlagworte:	Chief executive officers Compensation Correlation analysis Executive compensation Financial performance Pay for performance Stock options Studies
Online-Zugang:	Volltext
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Beschreibung
Zusammenfassung:	CEO compensation now averages about 209 times that of the typical U.S. factory worker. But is CEO compensation related to company performance ? The authors review the key issues in accounting for CEO compensation, and then compare the compensation of CEOs with their companies' performance. The results are somewhat surprising.
ISSN:	1044-8136 1097-0053
DOI:	10.1002/jcaf.3970090111