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Are all CEOs above average? An empirical analysis of compensation peer groups and pay design
14 references·16 citing·45 second hop
Are all CEOs above average? An empirical analysis of compensation peer groups and pay design (2011)Are all CEOs above average? An empirical …Inside the black box: The role and composition of compensation peer groups☆ (2010)Inside the black box: The rol…Executive compensation (2008)Executive compensationDoes the use of peer groups contribute to higher pay and less efficient compensation?☆ (2008)Does the use of peer groups c…Pay without performance: the unfulfilled promise of executive compensation (2005)Pay without performance: the …Securities and Exchange Commission (2004)Securities and Exchange Commi…Remuneration: Where We've Been, How We Got to Here, What are the Problems, and How to Fix Them (2004)Remuneration: Where We've Bee…THE STATE OF U.S. CORPORATE GOVERNANCE: WHAT'S RIGHT AND WHAT'S WRONG? (2003)THE STATE OF U.S. CORPORATE G…Corporate Governance and Equity Prices (2003)Corporate Governance and Equi…Econometric Analysis of Cross Section and Panel Data (2001)Econometric Analysis of Cross…The Measurement of Relatedness: An Application to Corporate Diversification (2000)The Measurement of Relatednes…The use of equity grants to manage optimal equity incentive levels (1999)The use of equity grants to m…Executive Compensation (1999)Executive CompensationIndustry costs of equity (1997)Industry costs of equityThe investment opportunity set and corporate financing, dividend, and compensation policies (1992)The investment opportunity se…How Do Firms Change Investments Based on MD&A Disclosures of Peer Firms? 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The Dynamics of Compensation Peer Benchmarking (2012)Is Disclosure an Effective Cl…Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts (2010)Relative Performance Evaluati…Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts (2010)Relative Performance Evaluati…Determinants of corporate borrowing (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Another look at the instrumental variable estimation of error-components models (1995)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Corporate social responsibility and access to finance (2013)The China Syndrome: Local Labor Market Effects of Import Competition in the United States (2013)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)It's All about Me: Narcissistic Chief Executive Officers and Their Effects on Company Strategy and Performance (2007)The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey (2010)Outside directors and CEO turnover (1988)Why Has CEO Pay Increased So Much? * (2008)Tournament incentives, firm risk, and corporate policies (2011)Internalizing governance externalities: The role of institutional cross-ownership (2019)The Pricing of Options and Corporate Liabilities (1973)Equity Incentives and Earnings Management (2005)The impact of performance-based compensation on misreporting (2005)The role of information and financial reporting in corporate governance and debt contracting (2010)A Theory of Social Comparison Processes (1954)Assessing empirical research in managerial accounting: a value-based management perspective (2001)Bank CEO incentives and the credit crisis (2010)Risk, Return, and Equilibrium: Empirical Tests (1973)On Persistence in Mutual Fund Performance (1997)How do family ownership, control and management affect firm value? (2005)How does financial reporting quality relate to investment efficiency? (2009)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)Agency costs of free cash flow, corporate finance, and takeovers (1996)Executive Compensation and Short-Termist Behaviour in Speculative Markets (2006)Executive Compensation: A New View from a Long-Term Perspective, 1936–2005 (2010)The acquisitiveness of youth: CEO age and acquisition behavior (2013)The External Control of Organizations. (1978)Income Inequality in the United States, 1913-1998 (2003)Political turnover and economic performance: the incentive role of personnel control in China (2004)
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References

  • 2001Econometric Analysis of Cross Section and Panel Data27,575 cited
  • 2003Corporate Governance and Equity Prices6,115 cited
  • 1997Industry costs of equity5,793 cited
  • 1992The investment opportunity set and corporate financing, dividend, and compensation policies3,591 cited
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  • 2010Inside the black box: The role and composition of compensation peer groups☆455 cited
  • 2003THE STATE OF U.S. CORPORATE GOVERNANCE: WHAT'S RIGHT AND WHAT'S WRONG?315 cited
  • 2004Securities and Exchange Commission287 cited

Cited by

  • 2010Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts

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278 cited
  • 2017Industry Tournament Incentives246 cited
  • 2012Peer choice in CEO compensation243 cited
  • 2018Performance-vesting provisions in executive compensation215 cited
  • 2013The Pay of Corporate Executives and Financial Professionals as Evidence of Rents in Top 1 Percent Incomes213 cited
  • 2017Executive Compensation: A Survey of Theory and Evidence189 cited
  • 2013Does the Market for CEO Talent Explain Controversial CEO Pay Practices?142 cited
  • 2012Is Disclosure an Effective Cleansing Mechanism? The Dynamics of Compensation Peer Benchmarking130 cited
  • 2010Relative Performance Evaluation and Related Peer Groups in Executive Compensation Contracts130 cited
  • 2013Performance-Vesting Provisions in Executive Compensation120 cited
  • 2020How Do Firms Change Investments Based on MD&A Disclosures of Peer Firms?115 cited
  • 2013CEO Pay and Firm Size: An Update After the Crisis114 cited
  • 2016Relative peer quality and firm performance89 cited
  • 2013Scarce Human Capital in Managerial Labor Markets85 cited
  • 2016Urban Agglomeration and CEO Compensation82 cited
  • 2014The Effect of Competition Intensity and Competition Type on the Use of Customer Satisfaction Measures in Executive Annual Bonus Contracts81 cited