Recommended readings (Machine generated): Steven N. Kaplan (2013), 'CEO Pay and Corporate Governance in the U.S.: Perceptions, Facts, and Challenges', Journal of Applied Corporate Finance, 25 (2), Spring, 8-25 -- John E. Core, Wayne R. Guay and David F. Larcker (2003), 'Executive Equity Compensation and Incentives: A Survey', Federal Reserve Bank of New York Economic Policy Review, 9 (1), April, 27-50 -- Brian J. Hall and Kevin J. Murphy (2003), 'The Trouble With Stock Options', Journal of Economic Perspectives, 17 (3), Summer, 49-70 -- Arantxa Jarque (2008), 'CEO Compensation: Trends, Market Changes, and Regulation', Federal Reserve Bank of Richmond Economic Quarterly, 94 (3), Summer, 265-300 -- Carola Frydman and Dirk Jenter (2010), 'CEO Compensation', Annual Review of Financial Economics, 2 (1), December, 75-102 -- Michael Faulkender, Dalida Kadyrzhanova, N. Prabhala and Lemma Senbet (2010), 'Executive Compensation: An Overview of Research on Corporate Practices and Proposed Reforms', Journal of Applied Corporate Finance, 22 (1), Winter, 107-18 -- Lucian Bebchuk and Yaniv Grinstein (2005), 'The Growth of Executive Pay', Oxford Review of Economic Policy, 21 (2), Summer, 283-303 -- Xavier Gabaix and Augustin Landier (2008), 'Why Has CEO Pay Increased So Much?', Quarterly Journal of Economics, 123 (1), February, 49-100 -- Carola Frydman and Raven E. Saks (2010), 'Executive Compensation: A New View from a Long-Term Perspective, 1936-2005', Review of Financial Studies, 23 (5), May, 2099-138 -- Richard A. Lord and Yoshie Saito (2010), 'Trends in CEO Compensation and Equity Holdings for S&P 1500 Firms: 1994-2007', Journal of Applied Finance, 20 (2), 40-56 -- Martin J. Conyon, John E. Core and Wayne R. Guay (2011), 'Are U.S. CEOs Paid More Than U.K. CEOs? Inferences from Risk-adjusted Pay', Review of Financial Studies, 24 (2), February, 402-38 -- Nuno Fernandes, Miguel A. Ferreira, Pedro Matos and Kevin J. Murphy (2013), 'Are U.S. CEOs Paid More? New International Evidence', Review of Financial Studies, 26 (2), February, 323-67 -- Xavier Gabaix, Augustin Landier and Julien Sauvagnat (2014), 'CEO Pay and Firm Size: An Update After the Crisis', Economic Journal, 124 (574), February, F40-F59 -- Eli Ofek and David Yermack (2000), 'Taking Stock: Equity-Based Compensation and the Evolution of Managerial Ownership', Journal of Finance, LV (3), June, 1367-84 -- Brian J. Hall and Kevin J. Murphy (2000), 'Optimal Exercise Prices for Executive Stock Options', American Economic Review, 90 (2), May, 209-14 -- Anil Arya and Brian Mittendorf (2005), 'Offering Stock Options to Gauge Managerial Talent', Journal of Accounting and Economics, 40 (1-3), December, 189-210 -- Bo Becker (2006), 'Wealth and Executive Compensation', Journal of Finance, LXI (1), February, 379-97 -- Jayant R. Kale, Ebru Reis and Anand Venkateswaran (2010), 'Promotion Incentives and Corporate Performance: Is There a Bright Side to "Overpaying" the CEO?', Journal of Applied Corporate Finance, 22 (1), Winter, 119-28 -- Radhakrishnan Gopalan, Todd Milbourn, Fenghua Song and Anjan V. Thakor (2014), 'Duration of Executive Compensation', Journal of Finance, LXIX (6), December, 2777-817.