Skip to main content

Are Reputation and Power Compensating Differentials in CEO Compensation?

Buy Article:

$43.00 plus tax (Refund Policy)

Abstract:

This study develops and tests an inclusive, interdisciplinary model of executive compensation using agency theory as a foundation. The study introduces a theory-based multidimensional size index measure, and extends the literature by the inclusion of nonpecuniary compensation (prestige and power) in the model. The empirical test used data from chief executive officer (CEO) compensation in 72 US firms covering a six-year period. A direct relationship between CEO compensation and firm size, ownership concentration, and firm profit performance was empirically supported. The firm's reputation was a statistically significant factor in the 1986–1988 time period.Corporate Reputation Review (1998) 2, 61–76; doi:10.1057/palgrave.crr.1540067

Document Type: Research Article

DOI: http://dx.doi.org/10.1057/palgrave.crr.1540067

Publication date: January 1, 1998

pal/crr/1998/00000002/00000001/art00006
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
Ingenta Connect 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