Watch Your Basket - To Determine CEO Compensation

CEO compensation

corporate governance

Financial Management (2019)

Authors

Neal Galpin

Hae Won (Henny) Jung

Lyndon Moore

Ekaterina Volkova

Published

September 1, 2019

Financial Management (2019)

DOI SSRN PDF (Free Access) Published Version

Abstract

This paper examines how the composition of CEO compensation benchmarking peer groups affects executive pay. We document how firms strategically select peer groups and the implications for CEO compensation outcomes.