Excerpt from Ceo Pay and Firm Performance: Dynamics, Asymmetries and Alternative Performance Measures
That is, a given return realization has the same effect on current compensation whether it reflects the current return or the return 10 years ago.
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Paul L. Joskow is Professor of Economics at MIT.
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Seller: Forgotten Books, London, United Kingdom
Paperback. Condition: New. Print on Demand. This book explores the dynamic relationship between CEO pay and company performance. The author challenges the idea that rewards are proportionate to performance and argues that bonuses are often tied to broader, harder-to-measure factors such as board discretion and firm size. The author takes a fresh look at executive pay through the lens of economics, specifically game theory, to provide empirical evidence of the drivers behind top-level compensation. This book is the first of its kind to incorporate performance data that extends beyond a single, current year and to account for differing methodologies between industries, making its insights critically relevant to the modern business landscape. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9781332254583_0
Quantity: Over 20 available
Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332254583
Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9781332254583
Quantity: 15 available