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Are U.S. CEOs overpaid? a response to Bogle and Walsh
This article is a response to Jack Bogle's and Jim Walsh's comments on the author's article "Are U.S. CEOs Overpaid?", in which he concluded that the typical US CEO is not overpaid. Walsh never addressed the basic argument that the rise in CEO pay, like the pay of other groups, has been driven largely by market forces. Rather, much of his energy was focused on his view that it is unfair that CEOs and the other groups are paid so much. In responding to the author's paper, Bogle largely acknowledged his empirical findings and agreed that the US CEO pay system can be improved. Bogle and the author fundamentally disagree, however, on the extent to which CEO pay is determined by market forces rather than managerial power. Like Walsh, he did not explain why other groups have seen their compensation rise by the same order of magnitude as CEOs, despite the arm's-length or market nature of their compensation arrangements..Printed journal
Ketersediaan
| Call Number | Location | Available |
|---|---|---|
| AMP2203 | PSB lt.dasar - Pascasarjana | 1 |
| Penerbit | Briarcliff Manor, NY: The Academy of Management 2008 |
|---|---|
| Edisi | Vol. 22, No. 3, Aug., 2008 |
| Subjek | Corporate governance Hedge funds Income inequality CEO compensation Private equity Managerial Power market forces |
| ISBN/ISSN | 15589080 |
| Klasifikasi | NONE |
| Deskripsi Fisik | 7 p. |
| Info Detail Spesifik | Academy of Management Perspectives |
| Other Version/Related | Tidak tersedia versi lain |
| Lampiran Berkas |