Remuneration: Where We've Been, How We Got to Here, What Are the Problems, and How to Fix Them
By Michael C. Jensen, Kevin J. Murphy, Eric G. Wruck. 2004
735 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/47d46c266f9c862a70eca3c8a170080431107f04
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Camelia M. Kuhnen
- Xavier Gabaix
- Ulrike Malmendier
- Stefan Nagel
- Geoffrey A. Tate
- Andrew C. Call
- Shivaram Rajgopal
- Ernst Maug
In Finance
- Ulrike Malmendier
- Geoffrey A. Tate
- Andrew C. Call
- Xavier Gabaix
- Stefan Nagel
- Shivaram Rajgopal
- Robert M. Bowen
- Camelia M. Kuhnen
Citations in the corpus
- Are U.S. CEOs Paid More Than U.K. CEOs? Inferences from Risk-adjusted Pay (2011, neutral): “Instead, differences 3 Otherresearch examining international differences in pay and governance includesCrystal, Main, and O’Reilly (1994) andAbowd and Kaplan(1999) for the U.S. relative to the U.K.;Kaplan(1994a, b) for the U.S. relative to Japan and Germany; andConyon and Schwalbach(1999) for differ”
- The Growth of Executive Pay (2005, neutral): “…compensation to high-level engineers increased by 18 per cent, and that to high-level accountants increased by 3 per cent (all figures are net of inflation). at Interdisciplinary C enter H erzliya on M arch 27, 2016 http://oxrep.oxfordjournals.org/ D ow nloaded from (Jensen and Murphy, 1990a,b).”
- Motivation, pay satisfaction, and job satisfaction of front‐line employees (2011, background): “Actions are rewarded and punished, and so this determines employees' actions and effort and performance ( Jensen and Murphy, 2004”
- Whistle-Blowing: Target Firm Characteristics and Economic Consequences (2010, positive): “Erickson and Wang (1999) and Louis (2004) show that acquiring firms tend to overstate their earnings to boost short-run stock prices.”
- Financial Expertise of Directors (2008, background): “See also the governance survey by Jensen, Murphy, and Wruck (2004), e.g. recommendation R-36.”
- Wall Street and Main Street: What Contributes to the Rise in the Highest Incomes? (2010, neutral): “It is well-known and well-documented that top executive pay has increased substantially over the last twenty-five years (Hall and Liebman (1998), Hall and Murphy (2003), Jensen et al (2004), Bebchuk and Fried (2004 and 2006)).”
- Executive Pay, Hidden Compensation and Managerial Entrenchment (2008, background): “cient pet projects ( Jensen and Meckling (1976) , Jensen (1986)).”