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Agency Theory and Executive Pay: The Remuneration Committee's Dilemma
Kategorie Beschreibung
036aXA-DE
037beng
077a1040939473 Erscheint auch als (Druck-Ausgabe): ‡Pepper, Alexander, 1958 - : Agency theory and executive pay
087q978-3-319-99968-5
087q978-3-319-99970-8
100 Pepper, Alexander ¬[VerfasserIn]¬
331 Agency Theory and Executive Pay
335 The Remuneration Committee's Dilemma
410 Cham
412 Springer International Publishing
425 2019
425a2019
433 Online-Ressource (XI, 133 p. 8 illus, online resource)
451bSpringerLink. Bücher
527 Erscheint auch als (Druck-Ausgabe)ISBN: 978-3-319-99968-5
527 Printed editionISBN: 978-3-319-99968-5
527 Printed editionISBN: 978-3-319-99970-8
527 Erscheint auch als (Druck-Ausgabe): ‡Pepper, Alexander, 1958 - : Agency theory and executive pay
540aISBN 978-3-319-99969-2
700 |KJR
700 |KJR
700 |BUS104000
700b|658.4
700c|HD2741-HD2749
750 This new book examines the relationship between agency theory and executive pay. It argues that while Jensen and Meckling (1976) were right in their analysis of the agency problem in public corporations they were wrong about the proposed solutions. Drawing on ideas from economics, psychology, sociology and the philosophy of science, the author explains how standard agency theory has contributed to the problem of executive pay rather than solved it. The book explores why companies should be regarded as real entities not legal fictions, how executive pay in public corporations can be conceptualised as a collective action problem and how behavioural science can help in the design of optimal incentive arrangements. An insightful and revolutionary read for those researching corporate governance, HRM and organisation theory, this useful book offers potential solutions to some of the problems with executive pay and the standard model of agency
753 1. Agency Costs, Coordination Problems and the Remuneration Committee's Dilemma -- 2. What's Wrong with Agency Theory? -- 3. What a Public Corporation Really Is -- 4. Executive Pay as a Collective Action Problem -- 5. Behavioural Agency Theory -- 6. The Modern Corporation's Final Chapter
012 514726903
081 Pepper, Alexander: Agency Theory and Executive Pay
100 Springer E-Book
125aElektronischer Volltext - Campuslizenz
655e$uhttps://doi.org/10.1007/978-3-319-99969-2
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