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Nonmonetary Benefits, Quality of Life, and Executive Compensation
We examine the effects of nonmonetary benefits on overall executive compensation from the perspective of the living environment at the firm headquarters. Companies in polluted, high crime-rate or otherwise unpleasant places pay higher compensation to their CEOs than companies locating in more livable places. This premium in pay for quality of life is stronger when firms face tougher competition in the managerial labor market, when the CEO is hired from outside, and when the CEO has short-term career concerns. Overall, the geographic desirability of the corporate headquarters is an effective substitute for CEO monetary pay..Printed Journal
Call Number | Location | Available |
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JFQA4801 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | Cambridge Cambridge University Press., |
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Edisi | - |
Subjek | Quality of life CEO compensation Geographic desirability Liveability Corporate location Nonmonetary benefits |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |