Executive compensation: A survey of theory and evidence

A Edmans, X Gabaix, D Jenter - The handbook of the economics of …, 2017 - Elsevier
This paper reviews the theoretical and empirical literature on executive compensation. We
start by presenting data on the level of CEO and other top executive pay over time and …

CEO compensation

C Frydman, D Jenter - Annu. Rev. Financ. Econ., 2010 - annualreviews.org
This paper surveys the recent literature on CEO compensation. The rapid rise in CEO pay
over the past 30 years has sparked an intense debate about the nature of the pay-setting …

Has the “CEO effect” increased in recent decades? A new explanation for the great rise in America's attention to corporate leaders

TJ Quigley, DC Hambrick - Strategic Management Journal, 2015 - Wiley Online Library
We introduce a new explanation for one of the most pronounced phenomena on the
American business landscape in recent decades: a dramatic increase in attributions of CEO …

CEO ability and corporate social responsibility

Y Yuan, G Tian, LY Lu, Y Yu - Journal of Business Ethics, 2019 - Springer
This study examines the impact of chief executive officer (CEO) ability on firms' corporate
social responsibility (CSR) performance. We find that firms' CSR performance increases with …

Generalists versus specialists: Lifetime work experience and chief executive officer pay

C Custódio, MA Ferreira, P Matos - Journal of Financial Economics, 2013 - Elsevier
We show that pay is higher for chief executive officers (CEOs) with general managerial skills
gathered during lifetime work experience. We use CEOs' résumés of Standard and Poor's …

The role of boards of directors in corporate governance: A conceptual framework and survey

RB Adams, BE Hermalin, MS Weisbach - Journal of economic literature, 2010 - aeaweb.org
This paper is a survey of the literature on boards of directors, with an emphasis on research
done subsequent to the Benjamin E. Hermalin and Michael S. Weisbach (2003) survey. The …

Why has CEO pay increased so much?

X Gabaix, A Landier - The quarterly journal of economics, 2008 - academic.oup.com
This paper develops a simple equilibrium model of CEO pay. CEOs have different talents
and are matched to firms in a competitive assignment model. In market equilibrium, a CEO's …

The acquisitiveness of youth: CEO age and acquisition behavior

S Yim - Journal of financial economics, 2013 - Elsevier
I demonstrate that acquisitions are accompanied by large, permanent increases in Chief
Executive Officer (CEO) compensation, which create strong financial incentives for CEOs to …

Which CEO characteristics and abilities matter?

SN Kaplan, MM Klebanov, M Sorensen - The journal of finance, 2012 - Wiley Online Library
We exploit a unique data set to study individual characteristics of CEO candidates for
companies involved in buyout and venture capital transactions and relate these …

Top management team diversity and strategic innovation orientation: The relationship and consequences for innovativeness and performance

K Talke, S Salomo, A Kock - Journal of product innovation …, 2011 - Wiley Online Library
A firm's strategic innovation orientation, which is aimed at discovering and satisfying
emerging customer needs with novel technological solutions, has repeatedly been shown to …