Are US CEOs Paid More? New International Evidence

By Nuno Fernandes, Miguel A. Ferreira, Pedro Matos, Kevin J. Murphy. 2012

321 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7fccadb16f0c52222f43350bbdaeaca90d4f3f10

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Citations in the corpus

The Pay of Corporate Executives and Financial Professionals as Evidence of Rents in Top 1 Percent Incomes (2013, background): “S. ratio was 19.9.11 Fernandes et al (2012) challenge the claim that U.S. CEOs are paid significantly more than their foreign counterparts.”
CEO Compensation, Family Control and Institutional Investors in Continental Europe (2012, unknown): “Concerning CEO characteristics, we control for CEO age (CEO AGE), which can either be a proxy for managerial entrenchment, experience with positive implications for firm performance, or a proxy for the length of time to retirement (Gibbons and Murphy, 1993; Linck et al., 2008; Fernandes et al., 2012”
Shareholder Voting and Corporate Governance Around the World (2015, unknown): “14 We obtain institutional ownership data from the FactSet Ownership database (LionShares) previously used, for example, in Ferreira and Matos (2008), Ferreira, Massa, and Matos (2010), and Aggarwal et al.”
Executive Compensation: A Modern Primer (2016, unknown): “Conyon, Core, and Guay (2011) and Fernandes et al. (2013) are useful steps in this direction.”
Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities (2011, unknown): “To test this, we construct a governance index, based on five governance measures, described in detail in Fernandes et al. (2013) and in our online Appendix A.2: Insider ownership, institutional ownership, whether the CEO is also the chairman of the board, the average number of positions that board…”
Say on Pay Laws, Executive Compensation, Pay Slice, and Firm Valuation around the World (2013, background): “The average total CEO pay is $1.09 million, which is lower than the $2 million average reported in Burns et al. (2013) and $4.2 million Fernandes et al. (2013).”
The Impact of Firm Prestige on Executive Compensation (2017, background): “More recent papers on pay differentials include Custodio et al. (2013) who find a pay premium for CEOs with more general human capital, and Fernandes et al. (2013), who investigate why US CEOs earn more than CEOs in other countries.”