European Business Schools Librarian's Group
Home About Series Subject/JEL codes Advanced Search
HEC Paris. Research Department Les Cahiers de Recherche - HEC Paris

No 665:
Performance des Grands Groupes et Stratégies de rétribution des dirigeants

Georges TREPO and Patrice ROUSSEL

Abstract: In today's managerial world (corporate governance, shareholders' wealth maximization, agency theory) how are CEOs paid in the 700 layest French firms ? What are the various components of total compensation: fixed camp, bonus fringes, stock options ? What parties influence the mix and amounts : board, compensation committee, CEO himself, etc. ? On what criteria is CEOs' compensation based : objective / subjective criteria, short term / medium term, etc. ? What ratio between the various layers of employees from CEO to workers? How and where are CEOs recruited ? These are the major questions to which we produce answers. We also tests various theories like tournament or compensation as a key element of social status.

Keywords: CEO compensation; agency theory; corporate governance; (follow links to similar papers)

JEL-Codes: J33; M10; M12; (follow links to similar papers)

25 pages, January 15, 1999

Download Statistics

Questions (including download problems) about the papers in this series should be directed to Sandra Dupouy ()
Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design Joakim Ekebom

Handle: RePEc:ebg:heccah:0665 This page was generated on 2014-12-14 17:56:14