Research on the efficacy of stock-based compensation for outside directors has documented a weak or non-existent relationship with firm performance. Other variables also influence the relationships between these two constructs. Consistent with agency theory, we show, for a sample of 450 Standard...

Drawing on the Fortune Global Reputation Survey in 1997, we re-examine some of the key findings of earlier researchers who have used the domestic Fortune Reputation Surveys to test the universality of these findings. We find that the global results are very similar to the domestic results in...