Document Type

Report

Key Takeaways

• Contrary to popular press reports, CEO pay and shareholder interests are closely aligned. • CEO pay should be considered in terms of CEO return or the CEO’s total firm related wealth, not in one-year snapshots. • As the financial alignment between CEOs and shareholders increases, CEO wealth increases along with firm performance.

Publication Date

2015

Source

Nyberg, A.J., Fulmer, I.S., Gerhart, B., Carpenter, M.A., (2010). Agency theory revisited: CEO return and shareholder interest alignment. Academy of Management Journal (53) 5: 1029-1049.

Disciplines

Business

Copyright

© 2015, University of South Carolina

Included in

Business Commons

Share

COinS