The Way We Pay Now: Understanding and Evaluating Performance-Based Executive Pay

Cybersecurity Today and Tomorrow: Pay Now or Pay Later

Merger Activity and Executive Pay

This paper examines the impact of mergers and acquisitions on the remuneration of the CEOs in a large unbalanced panel of UK firms, over the period 1981-1996. We find significant and substantial executive pay increases in excess of those generated by the growth in firm size consequent upon the merger. This is consistent with the view that mergers reveal information about the quality of manageme...

System Performance Engineering: "Pay Me Now or Pay Me More Later"

Institutionalizing innovation is hard work. The status quo is known, the new world is not. Managers whose primary goal is immediate risk reduction are rightfully cautious about new techniques and strategies, but change is inevitable. I want to consider an example involving software architecture definition in this issue of Strategic Software Engineering and attempt to illustrate both the new tec...

Executive Pay, Free Float, and Firm Performance: Evidence from Germany∗

In this paper we examine potential structural changes in the setup of executive payment schemes in Germany during the 1990 to 2002 period. Given substantial changes in corporate governance during this period, our initial hypothesis is that executive pay in later periods shows a stronger relation with firm performance than it was the case in the early 1990s. However, empirical evidence based on ...

Executive Pay and Corporate Financial Performance. An Explorative Data Analysis

The relationship between executive pay and corporate financial performance continues to attract wide academic, media and policy attention. The very high salaries enjoyed by senior executives in corporations in the US are often contrasted with the relatively low pay received by executives in Europe and Asia. Empirical research on executive pay has mainly concentrated on the pay-performance relat...