TITLE

Fair or excessive? A reliable model for determining the appropriateness of executive compensation

AUTHOR(S)
Anson, Mark; White, R. Theodore; McGrew, William; Butler, Bridgette
PUB. DATE
May 2004
SOURCE
Ivey Business Journal;May/Jun2004, Vol. 68 Issue 5, p1
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
A divergence of interests between a company's shareholders and executives is at the root of the "agency problem." No issue illuminates just how acute the problem is than executive compensation. Who's right and what's fair compensation. Managers with CalPERS, one of the vocal and visible institutional shareholders, have developed a model that will reveal if a certain executive compensation is warranted or not.
ACCESSION #
13838702

 

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