Document Type
Report
Key Takeaways
• Excessive CEO pay can harm shareholder wealth. • Managerial discretion exacerbates the harm that excessive CEO pay can have on shareholder wealth. • CEO tenure mitigates the likelihood that excessive CEO pay will harm shareholder wealth. • Strong, independent Boards mitigate the likelihood that excessive CEO pay will harm shareholder wealth.
Publication Date
2015
Source
Haynes, K., Campbell, J., & Hitt, M. (2015). When more is not enough: Executive greed and its influence on shareholder wealth. Journal of Management, In Press.
Disciplines
Business
Copyright
© 2015, University of South Carolina
Publication Info
Haynes, K., Campbell, J., & Hitt, M. (2015). When more is not enough: Executive greed and its influence on shareholder wealth. Journal of Management, In Press., 2015.