PERSPECTIVES ON CORPORATE-CONTROL - IMPLICATIONS FOR CEO COMPENSATION

Authors
BILIMORIA D
Citation
D. Bilimoria, PERSPECTIVES ON CORPORATE-CONTROL - IMPLICATIONS FOR CEO COMPENSATION, Human relations, 50(7), 1997, pp. 829-858
Citations number
109
Categorie Soggetti
Social, Sciences, Interdisciplinary
Journal title
Human relations → ACNP
ISSN journal
00187267
Volume
50
Issue
7
Year of publication
1997
Pages
829 - 858
Database
ISI
SICI code
0018-7267(1997)50:7<829:POC-IF>2.0.ZU;2-G
Abstract
This study examines the influence on CEO pay practices of four corpora te control perspectives: managerial control, class hegemony, external control, and efficient market. The results indicate the influence of b oth market and extra-marker controls on the determination of CEO pay l evels and criteria. Implications for the governance of firms and the s tudy of corporate control are drawn.