IES Management College And Research Centre

Does One Size Fit All? Investigating Pay–Future Performance Relationships Over the “Seasons” of CEO Tenure (Record no. 48551)

MARC details
000 -LEADER
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
Holdings
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
    Dewey Decimal Classification     Main Library Main Library 02/11/2017   Vol 43, Issue 2\ 5557180JA9 5557180JA9 02/11/2017 02/11/2017

Circulation Timings: Monday to Saturday: 8:30 AM to 9:30 PM | Sundays/Bank Holiday during Examination Period: 10:00 AM to 6:00 PM