IDEAS home Printed from https://ideas.repec.org/a/ids/ijbenv/v2y2009i3p376-390.html
   My bibliography  Save this article

Increased compensation costs as an externality of mandatory executive compensation disclosure: evidence from Canada

Author

Listed:
  • Patrice Gelinas
  • Michel Magnan
  • Sylvie St-Onge

Abstract

As Canadian policy makers review the disclosure expectations regarding executive compensation paid by publicly traded companies, we investigate how the implementation of mandatory executive compensation disclosure impacts executive compensation levels. A regression analysis of Canadian CEOs' pay increases between 1992 and 1997 reveals that disclosure regulation disciplines some firms to align the pay with that of relevant peers, but it stimulates others to target the top pay level in the market.

Suggested Citation

  • Patrice Gelinas & Michel Magnan & Sylvie St-Onge, 2009. "Increased compensation costs as an externality of mandatory executive compensation disclosure: evidence from Canada," International Journal of Business Environment, Inderscience Enterprises Ltd, vol. 2(3), pages 376-390.
    • Handle: RePEc:ids:ijbenv:v:2:y:2009:i:3:p:376-390
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=23797
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Eiji Yamamura & Ryo Ishida, 2021. "Analysis of the implementation of information disclosure ordinances in Japan: the effect on the income of chief executives in local governments," Constitutional Political Economy, Springer, vol. 32(1), pages 52-67, March.
    2. Yamamura, Eiji & Ishida, Ryo, 2017. "Analysis of the implementation of information disclosure ordinances in Japan: the effect on the income of mayors and chief executives in local governments," MPRA Paper 83337, University Library of Munich, Germany.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbenv:v:2:y:2009:i:3:p:376-390. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=69 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.