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Stacked deck: can governance structures explain CEO compensation differences across countries?

Martin, John A. - ; Davis, Kevin J. - ;

Countries like the United States, where shareholder rights are strongly protected and merger/acquisition activity is prevalent, exhibit higher income inequality, with CEOs earning significantly more than average workers compared to European nations like France and Germany. The authors attribute these differences to governance norms, such as the degree of unionization, stakeholder representation on boards, and codetermination practices. The article also explores alternative explanations for income inequality, including technological advancements and globalization, but argues that governance structures provide a more compelling explanation.


Ketersediaan

Call NumberLocationAvailable
AMP2401PSB lt.dasar - Pascasarjana1
PenerbitBriarcliff Manor, NY: Academy of Management 2010
EdisiVol. 24, No. 1, February 2010
SubjekCorporate governance
Income inequality
CEO compensation
Shareholder Rights
Sarbanes-Oxley Act
unionization
ISBN/ISSN15589080
KlasifikasiNONE
Deskripsi Fisik2 p.
Info Detail SpesifikAcademy of Management Perspectives
Other Version/RelatedTidak tersedia versi lain
Lampiran Berkas
  • Stacked Deck: Can Governance Structures Explain CEO Compensation Differences Across Countries?
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