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Are Performance Conditions On Executive Options Driven By Fundamentals?

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Author Info
M. Ali Choudhary (University of Surrey)
J. Michael Orszag (Watson Wyatt)

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Abstract

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File URL: http://www.econ.surrey.ac.uk/discussion_papers/2003/DP11-03.pdf
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Paper provided by Department of Economics, University of Surrey in its series Department of Economics Discussion Papers with number 1103.

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Length: 17 pages
Date of creation: Nov 2003
Date of revision:
Handle: RePEc:sur:surrec:1103

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Related research
Keywords: Pay Performance Conditions Probabilities

Find related papers by JEL classification:
J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
J44 - Labor and Demographic Economics - - Particular Labor Markets - - - Professional Labor Markets and Occupations
G30 - Financial Economics - - Corporate Finance and Governance - - - General
G38 - Financial Economics - - Corporate Finance and Governance - - - Government Policy and Regulation

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  1. Heckman, James J, 1979. "Sample Selection Bias as a Specification Error," Econometrica, Econometric Society, vol. 47(1), pages 153-61, January. [Downloadable!] (restricted)
  2. Conyon, Martin & Gregg, Paul & Machin, Stephen, 1995. "Taking Care of Business, Executive Compensation in the United Kingdom," Economic Journal, Royal Economic Society, vol. 105(430), pages 704-14, May. [Downloadable!] (restricted)
  3. Conyon, Martin J., 1997. "Corporate governance and executive compensation," International Journal of Industrial Organization, Elsevier, vol. 15(4), pages 493-509, July. [Downloadable!] (restricted)
  4. Conyon, Martin J & Leech, Dennis, 1994. "Top Pay, Company Performance and Corporate Governance," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 56(3), pages 229-47, August.
    Other versions:
  5. Jensen, Michael C & Murphy, Kevin J, 1990. "Performance Pay and Top-Management Incentives," Journal of Political Economy, University of Chicago Press, vol. 98(2), pages 225-64, April. [Downloadable!] (restricted)
    Other versions:
  6. Main, Brian G M & Bruce, Alistair & Buck, Trevor, 1996. "Total Board Remuneration and Company Performance," Economic Journal, Royal Economic Society, vol. 106(439), pages 1627-44, November. [Downloadable!] (restricted)
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