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Has the "Million-Dollar Cap" Affected CEO Pay?


  • Catherine Wolfram
  • Nancy L. Rose


No abstract is available for this item.

Suggested Citation

  • Catherine Wolfram & Nancy L. Rose, 2000. "Has the "Million-Dollar Cap" Affected CEO Pay?," American Economic Review, American Economic Association, vol. 90(2), pages 197-202, May.
  • Handle: RePEc:aea:aecrev:v:90:y:2000:i:2:p:197-202 Note: DOI: 10.1257/aer.90.2.197

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    References listed on IDEAS

    1. 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 225-264, April.
    2. repec:bin:bpeajo:v:24:y:1993:i:1993-1m:p:1-72 is not listed on IDEAS
    3. Brian J. Hall & Jeffrey B. Liebman, 2000. "The Taxation of Executive Compensation," NBER Chapters,in: Tax Policy and the Economy, Volume 14, pages 1-44 National Bureau of Economic Research, Inc.
    4. Joskow, Paul L. & Rose, Nancy L. & Shepard, Andrea., 1993. "Regulatory constraints on executive compensation," Working papers 3550-93., Massachusetts Institute of Technology (MIT), Sloan School of Management.
    Full references (including those not matched with items on IDEAS)


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    Cited by:

    1. Regan Schmidt, 2015. "Discussant Comment on An Examination of the Effect of CEO Social Ties and CEO Reputation on Nonprofessional Investors’ Say-on-Pay Judgments, by Steve Kaplan, Janet Samuels, Jeffrey Cohen," Journal of Business Ethics, Springer, vol. 126(1), pages 119-123, January.
    2. repec:spr:busres:v:11:y:2018:i:1:d:10.1007_s40685-017-0054-y is not listed on IDEAS
    3. Bereskin, Frederick L. & Cicero, David C., 2013. "CEO compensation contagion: Evidence from an exogenous shock," Journal of Financial Economics, Elsevier, vol. 107(2), pages 477-493.
    4. Katja Rost & Soren Salomo & Margit Osterloh, 2008. "CEO Appointments and the Loss of Firm-specific Knowledge - Putting Integrity Back into Hiring Decisions," CREMA Working Paper Series 2008-27, Center for Research in Economics, Management and the Arts (CREMA).
    5. Nancy L. Rose & Catherine Wolfram, 2000. "Regulating Executive Pay: Using the Tax Code to Influence CEO Compensation," NBER Working Papers 7842, National Bureau of Economic Research, Inc.
    6. repec:eee:jfinec:v:127:y:2018:i:2:p:285-302 is not listed on IDEAS

    More about this item

    JEL classification:

    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • H32 - Public Economics - - Fiscal Policies and Behavior of Economic Agents - - - Firm


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