Executive Compensation: Where We Are, and How We Got There

By Kevin J. Murphy. 2013

600 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/517e897e99908d57bdf1bf00407da00a41999d5a

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Citations in the corpus

Are US CEOs Paid More? New International Evidence (2012, background): “Murphy (2012) tries to reconcile these various paradigms, focusing on the role of government intervention and concluding that – in introducing plans that tie pay more strongly to performance as demanded by shareholders – directors routinely agree to pay more than necessary to compensate for the…”
Blockholders and Corporate Governance (2014, neutral): “2 The literature on inside blockholders is covered by reviews of CEO compensation, such as Murphy (1999, 2013), Edmans & Gabaix (2009) (2014) Intervention encompasses any action that an investor can undertake to improve firm value but that is costly to the investor.”
Say on Pay Laws, Executive Compensation, Pay Slice, and Firm Valuation around the World (2013, neutral): “CIQ also provides information on the 9 See Ferri (2013) for a review of evidence on SoP laws’ effects.”
How Firms Shape Income Inequality: Stakeholder Power, Executive Decision Making, and the Structuring of Employment Relationships (2015, background): “In fact, many of the more generous executive compensation packages have been the result of contracts negotiated with external candidates at the time of hire, not deals reached with incumbents (Murphy, 2013).”
Corporate immunity to the COVID-19 pandemic (2020, neutral): “Research also suggests that the structure of each firm’s board of directors ( Adams et al., 2010 ) and executive compensation policies ( Murphy, 2013 ; Rau, 2015 ) can shape corporate behavior and valuations.”
The Impact of Firm Prestige on Executive Compensation (2017, background): “…question in recent years, for example by analyzing the market for CEO talent (Eisfeldt and Kuhnen (2013)), or by identifying the importance of corporate governance as a factor that explains pay levels (Hartzell and Starks, 2003; see also the surveys 4 by Murphy 1999, 2013; Frydman and Jenter 2010).”
Executive Compensation: A Survey of Theory and Evidence (2017, neutral): “25 Disclosure has improved markedly in recent years (Murphy, 2013).”
Managerial Risk Taking (2016, neutral): “S. CEOs or differences in measurement (Murphy, 2012).”
Blockholders: A Survey of Theory and Evidence (2017, neutral): “The literature on inside blockholders is covered by 5 reviews of CEO compensation, such as Frydman and Jenter (2010), Murphy (2013), Edmans and Gabaix (2016), and Edmans, Gabaix, and Jenter (2017).”
Executive stock options, gender diversity in the top management team, and firm risk taking (2015, background): “Stock options are a fundamental component of US executive compensation packages (Murphy, 2013).”