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Agency Theory and Executive Pay

Agency Theory and Executive Pay

autor:
Alexander Pepper
 
editor:
Springer International Publishing
 
edição:
1
 
ano de publicação:
2019
 
idioma:
Inglês
 
ISBN:
9783319999692
 
nº de páginas:
140
 
formato:
ileio (leitura online e APP)
 

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 behavioral 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.

Informação indisponível.

Pessoal
Tipo de licença Permissão de impressão
Acesso Perpétuo ilimitado


Leitura online: um utilizador por sessão (sem simultaneidade)
Leitura offline (com a APP): máximo de 2 dispositivos em simultâneo

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