Explaining Executive Pay: The roles of managerial power and complexity,Used
Explaining Executive Pay: The roles of managerial power and complexity,Used

Explaining Executive Pay: The roles of managerial power and complexity,Used

In Stock
SKU: DADAX3835005618
Brand: Deutscher Universit
$65.96 $94.23
Save $28.27
Quantity
Add to wishlist
Add to compare

Processing time: 1-3 days

US Orders Ships in: 3-5 days

International Orders Ships in: 8-12 days

Return Policy: 15-days return on defective items

Payment Option
Payment Methods

Help

If you have any questions, you are always welcome to contact us. We'll get back to you as soon as possible, withing 24 hours on weekdays.

Customer service

All questions about your order, return and delivery must be sent to our customer service team by e-mail at yourstore@yourdomain.com

Sale & Press

If you are interested in selling our products, need more information about our brand or wish to make a collaboration, please contact us at press@yourdomain.com

Product Description 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. From the Back Cover 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 stocklisted 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. About the Author Dr. Lukas Hengartner promovierte bei Prof. Dr. Winfried Ruigrok an der Universitt St. Gallen. Er ist Assistent der Geschftsleitung bei der ABB Schweiz AG.

⚠️ WARNING (California Proposition 65):

This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.

For more information, please visit www.P65Warnings.ca.gov.

Recently Viewed