1st Edition
CEO Pay and Shareholder Value Helping the U.S. Win the Global Economic War
By Ira T. Kay
Copyright 1997
160 Pages
by
CRC Press
U.S. executive pay, particularly that of CEOs, has been under serious attack for nearly a decade. Despite the fact that tying executive performance and pay to stock price has appeared to have substantially benefited the U.S. economy, this criticism has not subsided. CEO Pay and Shareholder Value challenges some assumptions behind this criticism by addressing these pertinent questions and more:
Is There Pay for Performance?
We All Benefit When CEOs Perform
The Role of Executive Pay in the Global Economic War: A Comparison of the United States, Japan, and Europe
The Revolution in U.S. Corporate Governance and Its Impact on Executive Compensation
Synchronized Pay: A Solution for Improving All-Employee Performance
U.S. Executive Stock Ownership: A Source of Competitive Advantage
Epilogue: What if the Bulls Stop Running?
Selected Bibliography
Appendix A: Types of Long-Term Incentive Plans
Appendix B: The "Value" of an Employee Stock Option: A Brief Discussion of the Black-Scholes Option Pricing Model
Index
We All Benefit When CEOs Perform
The Role of Executive Pay in the Global Economic War: A Comparison of the United States, Japan, and Europe
The Revolution in U.S. Corporate Governance and Its Impact on Executive Compensation
Synchronized Pay: A Solution for Improving All-Employee Performance
U.S. Executive Stock Ownership: A Source of Competitive Advantage
Epilogue: What if the Bulls Stop Running?
Selected Bibliography
Appendix A: Types of Long-Term Incentive Plans
Appendix B: The "Value" of an Employee Stock Option: A Brief Discussion of the Black-Scholes Option Pricing Model
Index
Biography
Ira T. Kay
