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Power, rent extraction, and executive compensation


  • Lucian Bebchuk
  • Jesse Fried


No abstract is available for this item.

Suggested Citation

  • Lucian Bebchuk & Jesse Fried, 2002. "Power, rent extraction, and executive compensation," CESifo Forum, Ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 3(3), pages 23-28, October.
  • Handle: RePEc:ces:ifofor:v:3:y:2002:i:3:p:23-28

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    References listed on IDEAS

    1. Bebchuk, Lucian Arye & Fried, Jesse & Walker, David I, 2002. "Managerial Power and Rent Extraction in the Design of Executive Compensation," CEPR Discussion Papers 3558, C.E.P.R. Discussion Papers.
    2. Eli Ofek & David Yermack, 2000. "Taking Stock: Equity-Based Compensation and the Evolution of Managerial Ownership," Journal of Finance, American Finance Association, vol. 55(3), pages 1367-1384, June.
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    More about this item


    Führungskräfte; Vergütungssystem; Shareholder Value; Corporate Governance; Vereinigte Staaten; Managers; Payment scheme; United states;

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • 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
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law


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