Skip to main content

CORPORATE GOVERNANCE REFORMS AND EXECUTIVE COMPENSATION DETERMINATION: EVIDENCE FROM THE UK

Buy Article:

$51.00 plus tax (Refund Policy)

Abstract:

This paper examines the effect that the ‘Cadbury reforms’ have had on the pay determination process of executives in the UK. Our results suggest that, on average, the impact has been disappointing. The relationship between pay and performance remains weak and the link to firm size has, if anything, been strengthened. However, our results suggest considerable heterogeneity in the impact of the reforms, and for those firms above median employment the link between pay and profits appears to have been reinforced.

Document Type: Research Article

DOI: http://dx.doi.org/10.1111/j.1467-9957.2007.01003.x

Affiliations: 1: The Business School, University of Nottingham 2: School of Economics, University of Nottingham

Publication date: January 1, 2007

bpl/manc/2007/00000075/00000001/art00004
dcterms_title,dcterms_description,pub_keyword
6
5
20
40
5

Access Key

Free Content
Free content
New Content
New content
Open Access Content
Open access content
Subscribed Content
Subscribed content
Free Trial Content
Free trial content
Cookie Policy
X
Cookie Policy
ingentaconnect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more