According to statistics, CEO-to-worker compensation ratio for large publicly traded firms in the U.S. has surged almost fifteen times since the 1960's. There is also a significant difference between CEO compensation and that of the average earner in the top 0.1 percent category (of around...

In this study, we examine the three components of executive compensation including salary, equity, and bonus pay over a CEO’s tenure for US publicly-traded firms. We confirm a positive and significant relationship between two separate measures of firm performance and incentive pay. We also...