Myths and Realities of Executive Pay

Ira Kay,Steven Van Putten

Myths and Realities of Executive Pay
Format
Hardback
Publisher
Cambridge University Press
Country
United Kingdom
Published
27 August 2007
Pages
278
ISBN
9780521871952

Myths and Realities of Executive Pay

Ira Kay,Steven Van Putten

Popular perceptions of executive compensation in the United States are now part of a full-blown mythology fueled by critics who have little direct experience with the inner workings of corporations, their boards, and the executive teams who ultimately shoulder the responsibility for business success or failure. This book documents the realities of executive compensation by investigating the extent to which the pay for performance model governs executive pay levels. It also assesses the relative success of this model in creating value for shareholders and robust job growth for U.S. workers and provides detailed, real-world guidance for designing and executing effective executive compensation plans. Based on extensive empirical research and decades of direct experience in the field, Myths and Realities of Executive Pay settles the debate about executive compensation and the role it plays in the broader U.S. economy.

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