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Too Much Is Not Enough
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Too Much Is Not Enough: Incentives in Executive Compensation

Robert W. Kolb

Abstract

The scholarly literature on executive compensation is vast. As such, this literature provides an unparalleled resource for studying the interaction between the setting of incentives (or the attempted setting of incentives) and the behavior that is actually adduced. From this literature, there are several reasons for believing that one can set incentives in executive compensation with a high rate of success in guiding CEO behavior, and one might expect CEO compensation to be a textbook example of the successful use of incentives. Also, as executive compensation has been studied intensively in t ... More

Keywords: executive compensation, incentives, CEO behavior, CEO compensation, CEO performance, social value

Bibliographic Information

Print publication date: 2012 Print ISBN-13: 9780199829583
Published to Oxford Scholarship Online: April 2015 DOI:10.1093/acprof:osobl/9780199829583.001.0001

Authors

Affiliations are at time of print publication.

Robert W. Kolb, author
Loyola University Chicago, Professor of Finance and Frank W. Considine Chair of Applied Ethics