Artikel

Market competition and executive pay

Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the sharp increase in top executives’ pay and the nature of the link between pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to their executives, the analysis of the effects of competition on the structure of compensation can be informative for policy purposes.

Sprache
Englisch

Erschienen in
Journal: IZA World of Labor ; ISSN: 2054-9571 ; Year: 2019 ; Bonn: Institute of Labor Economics (IZA)

Klassifikation
Wirtschaft
Wage Level and Structure; Wage Differentials
Compensation Packages; Payment Methods
Personnel Economics: Compensation and Compensation Methods and Their Effects
Thema
barriers to entry
entry costs
competition
executive compensation
performance-related pay

Ereignis
Geistige Schöpfung
(wer)
Ferreira, Priscila
Ereignis
Veröffentlichung
(wer)
Institute of Labor Economics (IZA)
(wo)
Bonn
(wann)
2019

DOI
doi:10.15185/izawol.115.v2
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Artikel

Beteiligte

  • Ferreira, Priscila
  • Institute of Labor Economics (IZA)

Entstanden

  • 2019

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