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Shareholderaktivisten aus der Schweiz und Deutschland diskutieren im Sonderband "Der Anstieg der Management-Vergütung: Markt oder Macht … Shareholderaktivisten aus der Schweiz und Deutschland diskutieren im Sonderband "Der Anstieg der Management-Vergütung: Markt oder Macht …
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This paper examines the relation between managerial power and compensation for Chief Executive Officers of S&P 500 … compensation as a “power premium” and investigate this power premium based on two competing views. The managerial ability view … argues that the power premium compensates CEOs for their better managerial talent while the managerial power view argues that …
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