Advanced search
Publication Cover
International Journal of the Economics of Business Volume 7, 2000 - Issue 3
Submit an article Journal homepage
140
Views
7
CrossRef citations to date
0
Altmetric
Original Articles

CEO Pay, Shareholder Returns, and Accounting Profits

Frederick Guy
Pages 263-274 | Published online: 21 Jul 2010

  • Baker , George P. , Jensen , Michael C. and Murphy , Kevin J. 1988 . "Compensation and Incentives: Practice vs. Theory," . Journal of Finance , 43 (3) July : 593 – 616 .
  • Boschen , John F. and Smith , Kimberly J. 1995 . "You Can Pay Me Now and You Can Pay Me Later: The Dynamic Response of Executive Compensation to Firm Performance," . Journal of Business , 68 (4) October : 577 – 608 .
  • Calvo , Guillermo A. and Wellisz , Stanislaw . 1978 . "Supervision, Loss of Control, and the Optimum Size of the Firm," . Journal of Political Economy , 86 (5) : 943 – 52 .
  • Calvo , Guillermo A. and Wellisz , Stanislaw . 1979 . "Hierarchy, ability and income distribution," . Journal of Political Economy , 87 : 991 – 1010 . (5, pt. 1)
  • Cosh , Andrew . 1975 . "The Remuneration of Chief Executives in the United Kingdom," . Economic Journal , 85 (337) March : 75 – 94 .
  • Cosh , Andy and Hughes , Alan . 1997 . "Executive Remuneration, Executive Dismissal and Institutional Shareholdings," . International Journal of Industrial Organization , 15 (4) July : 469 – 92 .
  • Goldberger , Arthur S. 1991 . A Course in Econometrics , Cambridge, MA : Harvard University Press .
  • Guy , Frederick . 1999 . "Earnings Distribution, Corporate Governance, and CEO Pay," ” . In ESRC Centre for Business Research , Working Paper 126 University of Cambridge .
  • Hall , Brian J. and Liebman , Jeffrey . 1998 . "Are CEOs Really Paid Like Bureaucrats?" . Quarterly Journal of Economics , 113 (3) August : 653 – 91 .
  • Haubrich , Joseph G. 1994 . "Risk Aversion, Performance Pay and the Principal-Agent Problem," . Journal of Political Economy , 102 (2) April : 258 – 76 .
  • Hsiao , Cheng . 1986 . Analysis of Panel Data , Cambridge : Cambridge University Press .
  • Jensen , Michael C. and Murphy , Kevin J. 1990 . "Performance Pay and Top Management Incentives," . Journal of Political Economy , 98 (2) : 225 – 64 .
  • Main , Brian G.M. , Bruce , Alistair and Buck , Trevor . 1996 . "Total Board Remuneration and Company Performance," . Economic Journal , 106 November : 1627 – 44 .
  • Meeks , Geoffrey and Whittington , Geoffrey . 1975 . "Directors' Pay, Growth and Profitability," . Journal of Industrial Economics , 24 (1) September : 1 – 14 .
  • Pesaran , M. Hashem and Smith , Ron . 1995 . "Estimating Long-run Relationships from Dynamic Heterogeneous Panels," . Journal of Econometrics , 68 : 791 – 803 .
  • Pesaran , M. Hashem , Smith , Ron and Akiyama , Taka . 1997 . Energy Demand in Asian Economies , Washington, DC : World Bank .
  • Rogerson , William P. 1997 . "Intertemporal Cost Allocation and Managerial Investment Incentives: A Theory Explaining the Use of Economic Value Added as a Performance Measure," . Journal of Political Economy , 105 (4) August : 770 – 95 .
  • Rosen , Sherwin . 1982 . "Authority, Control, and the Distribution of Earnings," . Bell Journal of Economics , 13 : 311 – 23 .
  • Rosen , Sherwin . 1992 . "Contracts and the Market for Executives," ” . In Contract Economics , Edited by: Wijkander , L.W.a.H. Oxford : Basil Blackwell .
  • Smith , Ron and Szymanski , Stefan . 1995 . "Executive Pay and Performance: The Empirical Importance of the Participation Constraint," . International Journal of the Economics of Business , 2 (3) : 485 – 95 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Order Reprints Request Corporate Permissions

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

Request Academic Permissions

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.

Related research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.