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Nonmonetary Benefits, Quality of Life, and Executive Compensation

Deng, Xin - ; Gao, Huasheng - ;

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


Ketersediaan

Call NumberLocationAvailable
JFQA4801PSB lt.dasar - Pascasarjana1
PenerbitCambridge: Cambridge University Press
Edisi-
SubjekQuality of life
CEO compensation
Geographic desirability
Liveability
Corporate location
Nonmonetary benefits
ISBN/ISSN-
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
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