Sinossi
Lukas Hengartner shows that both firm complexity and managerial power are associated with higher pay levels. This suggests that top managers are paid for the complexity of their job and that more powerful top managers receive pay in excess of the level that would be optimal for shareholders.
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Informazioni sull'autore
Dr. Lukas Hengartner promovierte bei Prof. Dr. Winfried Ruigrok an der Universität St. Gallen. Er ist Assistent der Geschäftsleitung bei der ABB Schweiz AG.
Dalla quarta di copertina
The pay of corporate leaders has escalated in the last few decades. At the same time the number of research papers on this issue has soared. Despite an impressive research volume, however, many questions concerning executive compensation remain unsolved.
Lukas Hengartner develops broad concepts for managerial power and firm complexity and empirically tests the influence of these concepts on executive compensation for a large sample of Swiss stock-listed companies. As the jobs of some managers are more complex and demanding than others, these CEOs may command a pay premium in the managerial labor market. It has also been argued that top managers have the power to influence their own compensation. The author shows that both firm complexity and managerial power are associated with higher pay levels. This suggests that top managers are paid for the complexity of their job and that more powerful top managers receive pay in excess of the level that would be optimal for shareholders.
Le informazioni nella sezione "Su questo libro" possono far riferimento a edizioni diverse di questo titolo.
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Explaining Executive Pay: The roles of managerial power and complexity
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ISBN 13: 9783835005617
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Explaining Executive Pay : The roles of managerial power and complexity
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Taschenbuch. Condizione: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -The pay of corporate leaders has escalated in the last few decades. At the same time the number of research papers on this issue has soared. Despite an impressive research volume, however, many questions concerning executive compensation remain unsolved. Lukas Hengartner develops broad concepts for managerial power and firm complexity and empirically tests the influence of these concepts on executive compensation for a large sample of Swiss stock-listed companies. As the jobs of some managers are more complex and demanding than others, these CEOs may command a pay premium in the managerial labor market. It has also been argued that top managers have the power to influence their own compensation. The author shows that both firm complexity and managerial power are associated with higher pay levels. This suggests that top managers are paid for the complexity of their job and that more powerful top managers receive pay in excess of the level that would be optimal for shareholders. 232 pp. Englisch. Codice articolo 9783835005617
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Explaining Executive Pay
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Condizione: New. Num Pages: 207 pages, 37 black & white tables, biography. BIC Classification: KJMV2. Category: (P) Professional & Vocational. Dimension: 210 x 148 x 13. Weight in Grams: 308. . 2006. Paperback. . . . . Books ship from the US and Ireland. Codice articolo V9783835005617
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Condizione: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Dr. Lukas Hengartner promovierte bei Prof. Dr. Winfried Ruigrok an der Universitaet St. Gallen. Er ist Assistent der Geschaeftsleitung bei der ABB Schweiz AG.Lukas Hengartner shows that both firm complexity and managerial power are associated with higher . Codice articolo 5383008
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Taschenbuch. Condizione: Neu. This item is printed on demand - Print on Demand Titel. Neuware -The pay of corporate leaders has escalated in the last few decades. At the same time the number of research papers on this issue has soared. Despite an impressive research volume, however, many questions concerning executive compensation remain unsolved.Lukas Hengartner develops broad concepts for managerial power and firm complexity and empirically tests the influence of these concepts on executive compensation for a large sample of Swiss stock-listed companies. As the jobs of some managers are more complex and demanding than others, these CEOs may command a pay premium in the managerial labor market. It has also been argued that top managers have the power to influence their own compensation. The author shows that both firm complexity and managerial power are associated with higher pay levels. This suggests that top managers are paid for the complexity of their job and that more powerful top managers receive pay in excess of the level that would be optimal for shareholders.Deutscher Universitätsvlg, Abraham-Lincoln-Str. 46, 65189 Wiesbaden 232 pp. Englisch. Codice articolo 9783835005617
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