TITLE

Comments on Pay without Performance

AUTHOR(S)
Bachelder, Joseph E.
PUB. DATE
June 2005
SOURCE
Journal of Corporation Law;Summer2005, Vol. 30 Issue 4, p777
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article comments on the arguments presented in the book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," by Lucian Bebchuk and Jesse Fried. The authors examined factors that can prevent executive pay from accurately reflecting true performance, and addressed that weaknesses of the existing executive pay process in the United States.
ACCESSION #
20810215

 

Related Articles

  • Executive Compensation: If There's A Problem, What's the Remedy? The Case for "Compensation Discussion and Analysis". Gordon, Jeffrey N. // Journal of Corporation Law;Summer2005, Vol. 30 Issue 4, p675 

    The article focuses on key issues relevant to executive compensation in the United States. Issues arise over whether compensation results primarily from competitive pressures in the market for managerial services or from managerial overreaching. Professors Lucian Bebchuk and Jesse Fried proposed...

  • A Real World Critique of Pay without Performance. Longstreth, Bevis // Journal of Corporation Law;Summer2005, Vol. 30 Issue 4, p767 

    The article comments on the arguments presented in the book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," by Lucian Bebchuk and Jesse Fried. The authors seemed to believe that the measure of a bargain resulting from a board acting solely in the interests of the...

  • CEO Pay for Performance: The Solution to "Managerial Power". Kay, Ira T. // Journal of Corporation Law;Summer2005, Vol. 30 Issue 4, p785 

    The article comments on the arguments presented in the book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," by Lucian Bebchuk and Jesse Fried citing theories and practices relating to managerial power. The balance of power has been perceived to be shifting away from...

  • Pay without Performance: An Executive's Perspective. West, Kenneth // Journal of Corporation Law;Summer2005, Vol. 30 Issue 4, p791 

    The article relates the author's views about issues on executive compensation in the United States citing his experiences as senior consultant for corporate governance at TIAA-CREF and opinion about the book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," by Lucian...

  • Pay without Performance and the Managerial Power Hypothesis: A Comment. Holmstrom, Bengt // Journal of Corporation Law;Summer2005, Vol. 30 Issue 4, p703 

    The article comments on the argument presented by Professors Lucian Bebchuk and Jesse Fried in their book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," stressing that current compensation levels are best explained by managerial rent-seeking, not by arm's-length...

  • Pay without Performance: The Institutional Shareholder Perspective. Kramer, Orin // Journal of Corporation Law;Summer2005, Vol. 30 Issue 4, p773 

    The article comments on the arguments presented in the book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," by Lucian Bebchuk and Jesse Fried. Compensation consultants are tasked to make an independent assessment of what senior executives are supposed to be paid....

  • Pay Without Performance: The Unfulfilled Promise of Executive Compensation. Coco, Malcolm; Kaupins, Gundars // Academy of Management Perspectives;Aug2006, Vol. 20 Issue 3, p122 

    The article reviews the book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," by Lucian Bebchuk and Jesse Fried.

  • Pay Without Performance: The Unfulfilled Promise of Executive Compensation.  // Future Survey;May2005, Vol. 27 Issue 5, p16 

    Reviews the book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," by Lucian Bebchuk and Jesse Fried.

  • IS U.S. CEO COMPENSATION INEFFICIENT PAY WITHOUT PERFORMANCE? Core, John E.; Guay, Wayne R.; Thomas, Randall S. // Michigan Law Review;May2005, Vol. 103 Issue 6, p1142 

    Reviews the book "Pay Without Performance: The Unfulfilled Promise of Executive Compensation," by Lucian Bebchuk and Jesse Fried.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics