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Myths and Realities of Executive Pay

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  • Kay,Ira
  • Van Putten,Steven

Abstract

Popular perceptions of executive compensation in the United States are now part of a full-blown mythology fueled by critics who have little direct experience with the inner workings of corporations, their boards, and the executive teams who ultimately shoulder the responsibility for business success or failure. This book documents the realities of executive compensation by investigating the extent to which the pay for performance model governs executive pay levels. It also assesses the relative success of this model in creating value for shareholders and robust job growth for U.S. workers and provides detailed, real-world guidance for designing and executing effective executive compensation plans. Based on extensive empirical research and decades of direct experience in the field, Myths and Realities of Executive Pay settles the debate about executive compensation and the role it plays in the broader U.S. economy.

Suggested Citation

  • Kay,Ira & Van Putten,Steven, 2007. "Myths and Realities of Executive Pay," Cambridge Books, Cambridge University Press, number 9780521871952, October.
    • Handle: RePEc:cup:cbooks:9780521871952
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    Cited by:

    1. Farida Zagirova, 2017. "Changing the Role and Responsibilities of Middle Managers: A Case Study of the Implications of 'Project 5-100' at a Russian University," HSE Working papers WP BRP 42/EDU/2017, National Research University Higher School of Economics.
    2. David VanHoose, 2010. "Regulation of Bank Management Compensation," NFI Policy Briefs 2010-PB-06, Indiana State University, Scott College of Business, Networks Financial Institute.
    3. Joakim Sandberg & Alexander Andersson, 2022. "CEO Pay and the Argument from Peer Comparison," Journal of Business Ethics, Springer, vol. 175(4), pages 759-771, February.

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