O'Reilly logo

Infectious Greed: Restoring Confidence in America's Companies by Kenneth Kim, John Nofsinger

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter 3. Executive Compensation and Incentives

Corporate executive behavior is the result of many factors. These factors include the relationship between the board and the CEO and between auditors and the firm, regulators, and executive pay structures. Boards, auditors, accountants, analysts, regulators, investors, and others in the corporate system are discussed in other chapters. Here, we focus on the incentives induced by modern executive compensation.

The SEC requires that the pay of the CEO in public firms be disclosed. Therefore, anyone can obtain and know the pay of the top executives of a firm. Many people take an interest—particularly stockholders, employees, labor unions, the media, and even Congress. However, executive pay did not ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required