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Managerial appraisal and compensation: The case of Spain

Author

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  • Ricart, Joan E.

    (IESE Business School)

  • Corrales, Jose M.

    (IESE Business School)

Abstract

This paper explores some fundamental tasks associated with corporate governance: manager appraisal and compensation. Most of the empirical research in this area has been centered on Anglo-Saxon countries. Some European countries, such as Spain, have a very different governance tradition. Given this context, the work presented here has two objectives: 1.- To describe existing appraisal and compensation practices in Spain, comparing them with those used in the USA. 2.- To study the determinants of CEO compensation, and the relationship between CEO compensation and certain Board practices, using agency theory

Suggested Citation

  • Ricart, Joan E. & Corrales, Jose M., 2000. "Managerial appraisal and compensation: The case of Spain," IESE Research Papers D/413, IESE Business School.
    • Handle: RePEc:ebg:iesewp:d-0413
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    File URL: http://www.iese.edu/research/pdfs/DI-0413-E.pdf
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    References listed on IDEAS

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    Keywords

    Appraisal; compensation; agency;
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