Compensation Benchmarking, Leapfrogs, and the Surge in Executive Pay1

By Thomas A. DiPrete, Gregory M. Eirich, Matthew Pittinsky. American Journal of Sociology, 2010

195 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e79137163eab76ba451c2f902222bd6617e3ee8d

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Citations in the corpus

Is Disclosure an Effective Cleansing Mechanism? The Dynamics of Compensation Peer Benchmarking (2013, unknown): “1 For example, Murphy (2002), Murphy and Zabojnik (2004), Oyer (2004), Gabaix and Landier (2008), Edmans and Gabaix (2009), Edmans, Gabaix, and Landier (2009), Core and Guay (2010), Kaplan and Rauh (2011), and Baranchuk, MacDonald, and Yang (2011) argue that the scarcity of managerial talent and inc”
Financialization of the Economy (2015, background): “Contemporary compensation systems for top executives are tied much more directly to the firm’s stock market performance and the compensation of peers rather than to product market performance (DiPrete et al 2010).”
The causes of rising wage inequality: the race between institutions and technology (2016, background): “Most sociologists and political scientists as well as some economists tend to emphasize institutional factors as driving inequality and question the assumption that the invisible hand of the market is the main explanation for rising inequality (Blau and Khan, 1996; DiPrete and McManus, 1996; Rueda a”
Is finance responsible for the rise in wage inequality in France (2012, background): “One element of this trend which has been widely commented on is the tremendous rise in CEO pay over the last 30 years (Bebchuk and Grinstein, 2005; Gabaix and Landier, 2008; DiPrete and Pittinsky, 2010; Nagel, 2010).”
Financialization and U.S. Income Inequality, 1970–20081 (2011, unknown): “Past studies indicate that the recent growth of income inequality in the United States is, to a large extent, driven by the concentration of income at the top end of the distribution ðPiketty and Saez 2006; Lemieux 2007; Atkinson, Piketty, and Saez 2009Þ.”
Inside the black box: The role and composition of compensation peer groups (2010, background): “DiPrete, Eirich, and Pittinsky (2010) show the effects of leapfrogging potentially explain a considerable fraction of the overall upward movement of executive compensation over a recent 15 year period.”
The One Percent (2014, background): “…may use upwardly biased samples of peer groups to establish CEO salaries; they may use data from aspirational (or ideal) peers, which may create upward bias; or they may use lagged data about peer compensation and generously update that in calculating current compensation (DiPrete et al. 2010).”