Edmans, Alex; Gabaix, Xavier; Jenter, Dirk - 2017
This paper reviews the theoretical and empirical literature on executive compensation. We start by presenting data on … the level of CEO and other top executive pay over time and across firms, the changing composition of pay; and the strength … of executive incentives. We compare pay in U.S. public firms to private and non-U.S. firms. We then critically analyze …