Business, Management and Accounting
4 years ago

Avoid Overpaying CEOs for Luck: How Macroeconomic Fluctuations Impact Executive Compensation.

Edward Elgar Publishing eBooks
How to Avoid Compensating the CEO for Luck: The Case of Macroeconomic Fluctuations
Lars Oxelheim, Clas Wihlborg, Jianhua Zhang

Paper Summary

The article discusses how to prevent paying CEOs for luck during economic fluctuations. Corporate governance experts from different countries share their views on executive compensation. They cover the history and theory of executive pay, its structure, governance, and international perspectives.

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