Explaining Executive Pay: The Roles of Managerial Power and Complexity

By Lukas Hengartner

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.

• Format: Paperback
• Language: English
• ISBN: 3835005618
• ISBN13: 9783835005617
• Release Date: October 2006
• Publisher: Deutscher Universitatsverlag
• Length: 207 Pages
• Weight: 0.68 lbs.
• Dimensions: 0.5" x 5.8" x 8.3"