Does One Size Fit All? Investigating Pay–Future Performance Relationships Over the “Seasons” of CEO Tenure (Record no. 48551)
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fixed length control field | nam a22 4500 |
003 - CONTROL NUMBER IDENTIFIER | |
control field | OSt |
005 - DATE AND TIME OF LATEST TRANSACTION | |
control field | 20171102185843.0 |
008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
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100 ## - MAIN ENTRY--PERSONAL NAME | |
Personal name | Hou, Wanrong |
9 (RLIN) | 28320 |
245 ## - TITLE STATEMENT | |
Title | Does One Size Fit All? Investigating Pay–Future Performance Relationships Over the “Seasons” of CEO Tenure |
300 ## - PHYSICAL DESCRIPTION | |
Extent | 864-891 p. |
520 ## - SUMMARY, ETC. | |
Summary, etc | Boards of directors must navigate between adopting standardized “best practices” for their CEOs’ pay plans, on the one hand, and customizing their CEOs’ pay to align their particular CEO’s goals with those of shareholders, on the other. We build theory proposing that the incentive effects of different CEO compensation types vary consistently over CEO tenures and, therefore, that overstandardization of CEO pay plans actually can hurt shareholders. Our analysis of a sample of U.S. Standard & Poor’s 500 firms from 1998 to 2005 shows declining benefits to shareholders from performance-based compensation (i.e., options and bonuses) as CEO tenure increases but an opposite effect for non-performance-based (i.e., salary) pay. These findings can be considered a preliminary warning that normative “best practices” should not become the exclusive approach to determining CEO pay packages; instead, boards should consider more holistic approaches that incorporate the fit between CEO characteristics and organizational goals. |
653 ## - INDEX TERM--UNCONTROLLED | |
Uncontrolled term | CEO Tenure |
Uncontrolled term | Executive Compensation |
Uncontrolled term | Shareholder Returns, |
Uncontrolled term | Upper Echelons |
700 ## - ADDED ENTRY--PERSONAL NAME | |
Personal name | Priem, Richard L. |
9 (RLIN) | 28321 |
Personal name | Goranova, Maria |
9 (RLIN) | 28322 |
773 0# - HOST ITEM ENTRY | |
Host Biblionumber | 29017 |
Host Itemnumber | 65528 |
Main entry heading | DEBORAH E. RUPP |
Place, publisher, and date of publication | WEST LAFAYETTE SAGE PUBLICATION 2012 |
Other item identifier | 5557180 |
Title | JOURNAL OF MANAGEMENT |
International Standard Serial Number | 0149-2063 |
856 ## - ELECTRONIC LOCATION AND ACCESS | |
Materials specified | Volume: 43 issue: 3, page No.: 864-891 |
Uniform Resource Identifier | http://journals.sagepub.com/doi/full/10.1177/0149206314544744 |
942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
Source of classification or shelving scheme | Dewey Decimal Classification |
Koha item type | Journal Article |
Withdrawn status | Lost status | Source of classification or shelving scheme | Damaged status | Not for loan | Home library | Current library | Date acquired | Total Checkouts | Full call number | Barcode | Date last seen | Price effective from |
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Dewey Decimal Classification | Main Library | Main Library | 02/11/2017 | Vol 43, Issue 2\ 5557180JA9 | 5557180JA9 | 02/11/2017 | 02/11/2017 |