Purpose – The purpose of this paper is to examine the association between institutional investor ownership and the compensation of executives at US banks during the financial crisis period. Design/methodology/approach – This paper uses a linear regression model to examine the association...

Purpose – The purpose of this paper is to examine CEO wealth changes around seasoned equity offerings (SEOs) to explore the shareholder-manager incentive alignment in major corporate equity financing decisions. Design/methodology/approach – The authors decompose CEO wealth into three major...

Purpose The purpose of this paper is to investigate executive compensation in the finance sector during the periods surrounding the crisis with a view to determining whether compensation incentives were associated with excessive risk taking. Design/methodology/approach The authors compare...

Purpose – This paper aims to examine the relationship between CEO compensation and employee attitudes. Design/methodology/approach – Based upon equity/organizational justice theories and the CEO compensation literature, hypotheses were developed which suggest that executive compensation and...

This paper analyzes the links among executive compensation, a firm’s strategic orientation, and firm performance. A number of key questions relative to the relationships among these elements remain unanswered because prior research on this subject has reported mixed results, and, moreover, has...

Purpose – The purpose of this paper is to empirically investigate how top executives’ compensation is associated with environmental performance in the Chinese context and how this association varies with differing levels of industrial competition. Design/methodology/approach – Combining...

Purpose The purpose of this paper is to examine how executive pay schemes influence managerial efficiency, which the authors measure as the risk-adjusted firm performance. Design/methodology/approach The authors utilized hierarchical regression to test the hypotheses. Findings The authors find...

Intro -- 1 Wertorientierte Vergütungsbemessung als Chance für kleine und mittlere Unternehmen -- 2 Ableitung von Kriterien für eine wertorientierte Vergütung in kleinen und mittleren Unternehmen auf Basis der funktionalen Bewertungstheorie -- 2.1 Kleine und mittlere Unternehmen -- 2.1.1...

Purpose This paper aims to examine how the use of environmental, social and governance (ESG) incentives intersects with top management power and various corporate governance mechanisms to affect excess annual cash bonus compensation. Design/methodology/approach The authors use a novel artificial...