Which U.S. Market Interactions Affect CEO Pay? Evidence from UK Companies
Published Online:19 Jul 2013https://doi.org/10.1287/mnsc.2013.1714
References
- (1995) International differences in executive and managerial compensation. Freeman R, Katz L, eds. Differences and Changes in Wage Structures (University of Chicago Press, Chicago), 67–103.Google Scholar
- (2004) CEO incentives and firm size. J. Labor Econom. 22:767–798.Crossref, Google Scholar
- (1999) A theory of path dependence in corporate ownership and governance. Stanford Law Rev. 52(1):127–170.Crossref, Google Scholar
- (2008) Does the use of peer groups contribute to higher pay and less efficient compensation? J. Financial Econom. 90(2):152–168.Crossref, Google Scholar
- (2000) Value creation and challenges of an international transaction: The DaimlerChrysler merger. Internat. Rev. Financial Anal. 9(1):77–102.Crossref, Google Scholar
- (2009a) Explicit relative performance evaluation in performance-vested grants. Rev. Accounting Stud. 14(2/3):269–306.Crossref, Google Scholar
- (2009b) The Americanization of CEO pay in European firms. Working paper, Boston College, Chestnut Hill, MA. Google Scholar
- (2003) Will executive pay globalize along American lines? Corporate Governance 11(1):8–24.Crossref, Google Scholar
- (2000) The prince and the pauper? CEO pay in the United States and United Kingdom. Econom. J. 110(467):F640–F671.Google Scholar
- (2011a) Are U.S. CEOs paid more than U.K. CEOs? Inferences from risk-adjusted pay. Rev. Financial Stud. 24(2):402–438.Crossref, Google Scholar
- (2011b) The executive compensation controversy: A transatlantic analysis (ICS 2011-002). Retrieved April 2013 from Cornell University, ILR School, Institute for Compensation Studies site: http://digitalcommons.ilr.cornell.edu/ics/5. Google Scholar
- (1999) The use of equity grants to manage optimal equity incentive levels. J. Accounting Econom. 28(2):151–184.Crossref, Google Scholar
- (2001) Stock option plans for non-executive employees. J. Financial Econom. 61(2):253–287.Crossref, Google Scholar
- (1999) Corporate governance, chief executive officer compensation, and firm performance. J. Financial Econom. 51(3):371–406.Crossref, Google Scholar
- (2010) Inside the black box: The role and composition of compensation peer groups. J. Financial Econom. 96(2):257–270.Crossref, Google Scholar
- (2013) Are U.S. CEOs paid more? New international evidence. Rev. Financial Stud. 26(2):323–367.Crossref, Google Scholar
- (1998) Are CEOs really paid like bureaucrats? Quart. J. Econom. 113(3):653–691.Crossref, Google Scholar
- (2001) The end of history for corporate law. Georgetown Law J. 89:439–468.Google Scholar
- (1994a) Top executive rewards and firm performance: A comparison of Japan and the U.S. J. Political Econom. 102(3):510–546.Crossref, Google Scholar
- (1994b) Top executives, turnover, and firm performance in Germany. J. Law, Econom., Organ. 10(1):142–159.Crossref, Google Scholar
- (2004) Disclosure practices of foreign companies interacting with U.S. markets. J. Accounting Res. 42(2):475–508.Crossref, Google Scholar
- (2002) The geography of equity listing: Why do companies list abroad? J. Finance 57(6):2651–2694.Crossref, Google Scholar
- (2008) Regulation and bonding: The Sarbanes–Oxley Act and the flow of international listings. J. Accounting Res. 46(2):382–425.Crossref, Google Scholar
- (1997) Firm diversification and CEO compensation: Managerial ability or executive entrenchment? RAND J. Econom. 28(3):489–514.Crossref, Google Scholar
- (2008) The impact of corporate governance on executive compensation. Eur. Financial Management 14(4):710–746.Crossref, Google Scholar
- (2004) The overseas listing decision: New evidence of proximity preference. Rev. Financial Stud. 17(3):769–809.Crossref, Google Scholar
- (2002) Litigation risk and audit fees: Evidence from UK firms cross-listed on US markets. J. Accounting Econom. 33(1):91–115.Crossref, Google Scholar
- (1992) The investment opportunity set and corporate financing, dividend, and compensation policies. J. Financial Econom. 32(3):263–292.Crossref, Google Scholar
- (2010) Compensation across executive labor markets: What can we learn from cross-listed firms? J. Internat. Bus. Stud. 41(1):70–87.Crossref, Google Scholar
- (2008) International executive pay: Current practices and future trends. Working paper, Vanderbilt University Law School, Nashville, TN. Google Scholar
- (2001) Worldwide total remuneration 2001–2002. Report, Towers Perrin, Philadelphia. Google Scholar
- (1996) Higher market valuation of companies with a small board of directors. J. Financial Econom. 40(2):185–211.Crossref, Google Scholar

