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The Effects of Regulation on Executive Compensation
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The Effects of Regulation on Executive Compensation (1982)The Effects of Regulation on Executive Co…BEHAVIOR OF THE FIRM UNDER REGULATORY CONSTRAINT (2016)BEHAVIOR OF THE FIRM UNDER RE…The Determinants of Executive Salaries: An Econometric Survey (1980)The Determinants of Executive…Toward a More General Theory of Regulation (1976)Toward a More General Theory …Size, Growth, Profits and Executive Compensation in the Large Corporation (1975)Size, Growth, Profits and Exe…Rate of Return Regulation and Efficiency in Production: An Empirical Test of the Averch-Johnson Thesis (1974)Rate of Return Regulation and…Producer Protection, Prior Market Structure and the Effects of Government Regulation (1972)Producer Protection, Prior Ma…Executive Motivations, Earnings, and Consequent Equity Performance (1971)Executive Motivations, Earnin…Managerial Pay and Corporate Performance (1970)Managerial Pay and Corporate …Business Behavior, Value and Growth. (1962)Business Behavior, Value and …Incentive Compensation in Energy Firms: Does Regulation Matter? (2015)Incentive Compensation in Ene…Managerial Compensation in the Financial Service Industry (2010)Managerial Compensation in th…How Closely Is Ceo Compensation Tied to Performance? an Examination of the U.S. Restaurant Industry (2010)How Closely Is Ceo Compensati…CEO compensation, firm performance and operational characteristics (2008)CEO compensation, firm perfor…Chief Executive Officer Careers in Regulated Environments: Evidence from Electric and Gas Utilities (2002)Chief Executive Officer Caree…CEO Tenure, Board Composition, and Regulation (2002)CEO Tenure, Board Composition…Increases in Executive Pay Following Privatization (1998)Increases in Executive Pay Fo…CEO Compensation in a Regulatory Environment: An Analysis of the Electric Utility Industry (1997)CEO Compensation in a Regulat…Executive Compensation and Corporate Performance in Electric and Gas Utilities (1991)Executive Compensation and Co…Chapter 25 The effects of economic regulation (1989)Chapter 25 The effects of eco…The Modern Corporation and Private Property (1933)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)A Life Cycle Theory of the Firm (1972)Corporate Ownership and Control: The Large Corporation and the Capitalist Class (1974)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Matching compensation and organizational strategies (1990)What Can Regulators Regulate? The Case of Electricity (1962)Industrial Market Structure and Economic Performance. (1971)Regulation and Efficiency in the Electric Utility Industry (1974)An Empirical Test of Regulatory Effects (1975)Effluent fees and market structure (1984)The Theory of Economic Regulation (1971)Theories on the Economics of Regulation: A Survey of the Literature from a European Perspective (1997)Regulation and Deregulation after 25 Years: Lessons Learned for Research in Industrial Organization (2005)Productivity and Quality in Health Care: Evidence from the Dialysis Industry (2016)The Theory of Economic Regulation (2021)Money and Motivation (1977)BOARDS OF DIRECTORS, TOP MANAGEMENT COMPENSATION, AND SHAREHOLDER RETURNS. (1987)Executive Compensation: Six Questions that Need Answering (1999)Firm Strategy and Age Dependence: A Contingent View of the Liabilities of Newness, Adolescence, and Obsolescence (1999)Executive compensation (2008)Barriers to New Competition (1957)Corporate Governance and Control (2002)Agency Theory and Executive Compensation: The Case of Chinese State‐Owned Enterprises (2004)Contracts and the Market for Executives (2009)Property Rights and Economic Theory: A Survey of Recent Literature (1972)Economies of Scale in U.S. Electric Power Generation (1976)Entry, Capacity, Investment and Oligopolistic Pricing (1977)Aneconomic analysis of government ownership and reculation (1974)George Stigler's Contribution to the Economic Analysis of Regulation (1993)Insurance Regulation in Transition (1995)A Theory of Competition Among Pressure Groups for Political Influence (1983)The Regulation of Entry (2000)World Investment Report (2017)Five stages of growth in small business (1987)Scaling behaviour in the growth of companies (1996)From Homo Economicus to Homo Sapiens (2000)AN EMPIRICAL EXAMINATION OF THE AVERCH-JOHNSON EFFECT (1976)Indicator Variables Model of Firm’s Size-Profitability Relationship of Electrical Contractors Using Financial and Economic Data (2003)THE EFFECTS OF FIRM SIZE ON PROFIT RATES IN THE FINANCIAL SERVICES (2007)
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References

  • 1976Toward a More General Theory of Regulation4,771 cited
  • 2016BEHAVIOR OF THE FIRM UNDER REGULATORY CONSTRAINT1,274 cited
  • 1962Business Behavior, Value and Growth.888 cited
  • 1970Managerial Pay and Corporate Performance314 cited
  • 1980The Determinants of Executive Salaries: An Econometric Survey244 cited
  • 1971Executive Motivations, Earnings, and Consequent Equity Performance210 cited
  • 1974Rate of Return Regulation and Efficiency in Production: An Empirical Test of the Averch-Johnson Thesis150 cited
  • 1972Producer Protection, Prior Market Structure and the Effects of Government Regulation143 cited
  • 1975Size, Growth, Profits and Executive Compensation in the Large Corporation56 cited

Cited by

  • 1989Chapter 25 The effects of economic regulation107 cited
  • 1991Executive Compensation and Corporate Performance in Electric and Gas Utilities46 cited
  • 2008CEO compensation, firm performance and operational characteristics42 cited
  • 1998Increases in Executive Pay Following Privatization38 cited
  • 2002Chief Executive Officer Careers in Regulated Environments: Evidence from Electric and Gas Utilities34 cited
  • 2010Managerial Compensation in the Financial Service Industry

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33 cited
  • 2015Incentive Compensation in Energy Firms: Does Regulation Matter?27 cited
  • 1997CEO Compensation in a Regulatory Environment: An Analysis of the Electric Utility Industry18 cited
  • 2002CEO Tenure, Board Composition, and Regulation15 cited
  • 2010How Closely Is Ceo Compensation Tied to Performance? an Examination of the U.S. Restaurant Industry14 cited