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.
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Sprache:eng
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container_title The Journal of corporate accounting & finance
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creator Langsam, Sheldon A.
Kreuze, Jerry G.
Newell, Gale E.
description 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.
doi_str_mv 10.1002/jcaf.3970090111
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ispartof The Journal of corporate accounting & finance, 1997-09, Vol.9 (1), p.91-99
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source Wiley Online Library Journals Frontfile Complete; EBSCOhost Business Source Complete
subjects Chief executive officers
Compensation
Correlation analysis
Executive compensation
Financial performance
Pay for performance
Stock options
Studies
title Is CEO compensation related to company performance?
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