Explaining Executive Pay: The roles of managerial power and complexity
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Book Details
Author(s)Lukas Hengartner
PublisherDeutscher Universitätsverlag
ISBN / ASIN3835005618
ISBN-139783835005617
AvailabilityUsually ships in 24 hours
Sales Rank14,994,585
CategoryBusiness & Economics
MarketplaceUnited States 🇺🇸
Description ▲
Lukas Hengartner shows that both firm complexity and managerial power are associated with higher pay levels. This suggests that top managers are paid for the complexity of their job and that more powerful top managers receive pay in excess of the level that would be optimal for shareholders.
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