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Agency Theory and Executive Pay

- The Remuneration Committee's Dilemma
Af: Alexander Pepper Engelsk Hardback

Agency Theory and Executive Pay

- The Remuneration Committee's Dilemma
Af: Alexander Pepper Engelsk Hardback
Tjek vores konkurrenters priser

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. 


  

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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. 


  

Produktdetaljer
Sprog: Engelsk
Sider: 133
ISBN-13: 9783319999685
Indbinding: Hardback
Udgave:
ISBN-10: 3319999680
Udg. Dato: 29 nov 2018
Længde: 15mm
Bredde: 220mm
Højde: 156mm
Forlag: Birkhauser Verlag AG
Oplagsdato: 29 nov 2018
Forfatter(e): Alexander Pepper
Forfatter(e) Alexander Pepper


Kategori Personaleledelse og HR


ISBN-13 9783319999685


Sprog Engelsk


Indbinding Hardback


Sider 133


Udgave


Længde 15mm


Bredde 220mm


Højde 156mm


Udg. Dato 29 nov 2018


Oplagsdato 29 nov 2018


Forlag Birkhauser Verlag AG

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