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The CEO Share Of Earnings: A New Approach To Evaluating Executive Compensation

The CEO Share Of Earnings: A New Approach To Evaluating Executive Compensation Business Economics Vol. 44, No. 2 & 2009 National Association for Business Economics Forum on Emerging Issues assumption in the media, is that Thedataweuse to compare The CEO Share Of the secular growth of CEO secular trends in the CEO share of Earnings: A New compensation has become in- earnings covers a period from Approach To creasingly misaligned with the 1993 to 2007. It combines in- earnings results that CEOs have formationonCEO compensation Evaluating Executive produced for shareholders. Sur- from EXECUCOMP with ac- Compensation prisingly, our initial findings, countingdatafromCOMPU- drawing on secular trends STAT and stock prices and Kevin M. Zhao, Charles L. Baum among S&P 500 firms, appear to returns information from the and William F. Ford are on the show that our hypothesis does Center for Research in Security faculty of the Department of not hold, and that, over an Prices (CRSP). We chose to focus Economics and Finance, Middle extended period of time, CEOs on a large subset of S&P 500 firms Tennessee State University. have not received compensation for which compensation data are that is out of line with the their available each year from 1993 to Business Economics (2009) 44, 120–122. companies’ earnings trends. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Business Economics Springer Journals

The CEO Share Of Earnings: A New Approach To Evaluating Executive Compensation

Business Economics , Volume 44 (2): 3 – Apr 1, 2009

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Publisher
Springer Journals
Copyright
2009 Palgrave Macmillan
ISSN
0007-666X
eISSN
1554-432X
DOI
10.1057/be.2009.9
Publisher site
See Article on Publisher Site

Abstract

Business Economics Vol. 44, No. 2 & 2009 National Association for Business Economics Forum on Emerging Issues assumption in the media, is that Thedataweuse to compare The CEO Share Of the secular growth of CEO secular trends in the CEO share of Earnings: A New compensation has become in- earnings covers a period from Approach To creasingly misaligned with the 1993 to 2007. It combines in- earnings results that CEOs have formationonCEO compensation Evaluating Executive produced for shareholders. Sur- from EXECUCOMP with ac- Compensation prisingly, our initial findings, countingdatafromCOMPU- drawing on secular trends STAT and stock prices and Kevin M. Zhao, Charles L. Baum among S&P 500 firms, appear to returns information from the and William F. Ford are on the show that our hypothesis does Center for Research in Security faculty of the Department of not hold, and that, over an Prices (CRSP). We chose to focus Economics and Finance, Middle extended period of time, CEOs on a large subset of S&P 500 firms Tennessee State University. have not received compensation for which compensation data are that is out of line with the their available each year from 1993 to Business Economics (2009) 44, 120–122. companies’ earnings trends.

Journal

Business EconomicsSpringer Journals

Published: Apr 1, 2009

There are no references for this article.