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How does organizational structure affect executive compensation?
- Lee, Changmin;
- Kang, Hyung-goo;
- Seok, Woonam
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0초록
Does the rise of the CFO as the second-ranked executive increase the status of the CEO? We find that, as a CFO becomes #2, a CEO receives higher pay in relative terms compared with other top executives. This result corresponds to the literature on span-of-control of executives in top management team.
키워드
CFO; CEO-Pay-Slice; top management team; executive pay; corporate governance; PAY
- 제목
- How does organizational structure affect executive compensation?
- 저자
- Lee, Changmin; Kang, Hyung-goo; Seok, Woonam
- 발행일
- 2017-05
- 유형
- Article
- 권
- 25
- 호
- 6
- 페이지
- 405 ~ 408