CEO compensation has increased dramatically in the last few decades, drawing increasing scrutiny from policy-makers, researchers, and the broader public. We find that IT (information technology) intensity strongly predicts compensation of CEO and other top executives. Our examination of panel data from 2507 publicly traded firms over 15 years controls for other types of capital, number of emplo...

This study investigates the relationship between corporate life cycle stage as a measure of the key strategic decisions facing a newly hired CEO, and the selected CEO’s demographic and biographic characteristics. Using corporate financial data from the COMPUSTAT database to measure corporate life cycle stage, and CEO profiles published in Forbes list of top paid CEOs, we tested our hypotheses r...

elcome to Modern Healthcare’s seventh annual CEO IT Achievement Awards program, co-sponsored by the Healthcare Information and Management Systems Society. In this special editorial section, you’ll meet the three recipients of the 2009 award: Michael Green, president and chief executive officer of Concord (N.H.) Hospital; Edward Murphy, president and CEO of the Carilion Clinic system, Roanoke, V...

Why do leaders incorporate the principle of setting high expectations into their management philosophy? Effective leaders know that people tend to live up to the expectations set for them. Simply put, high expectations lead to high performance. Let me tell you a story about high expectations leading to high performance. A chief executive officer (CEO) was frustrated with one of her senior manag...

The arrival of spring means yet another round in the national debate over executive compensation. But the critics have it wrong. The relentless attention on how much CEOs are paid diverts public attention from the real problem-how CEOs are paid. The authors present an in-depth statistical analysis of executive compensation. The study incorporates data on thousands of CEOs spanning five decades....

Is executive compensation influenced by the composition of the board of directors? About 8% of chief executive officers (CEOs) are reciprocally interlocked with another CEO—the current CEO of firm A serves as a director of firm B and the current CEO of firm B serves as a director of firm A. Roughly 20% of firms have at least one current or retired employee sitting on the board of another firm a...