CORPORATE GOVERNANCE REFORMS AND EXECUTIVE COMPENSATION DETERMINATION: EVIDENCE FROM THE UK

This paper examines the effect that the ‘Cadbury reforms’ have had on the pay determination process of executives in the UK. Our results suggest that, on average, the impact has been disappointing. The relationship between pay and performance remains weak and the link to firm size has, if anything,...

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Bibliographic details
Volume: 75
Main Author: GIRMA, SOURAFEL
THOMPSON, STEVE
WRIGHT, PETER W
Format: Journal Article
Language: English
Place of publication: Oxford, UK Blackwell Publishing Ltd 01.01.2007
WILEY
University of Manchester
published in: The Manchester school Vol. 75; no. 1; pp. 65 - 81
ORCID: 0000-0001-5815-1619
Data of publication: 2007-01
ISSN: 1463-6786
1467-9957
EISSN: 1467-9957
Discipline: Economics
Social Sciences (General)
Bibliography: Manuscript received 21.9.04; final version received 27.6.06.
participants at the Royal Economic Society Conference 2003, especially Tim Barmby and Peter Dolton, seminar participants at the Department of Economics and Finance, Brunel University, and Mike Wright and colleagues at Nottingham University for comments on earlier versions of this paper. The usual disclaimer applies. The financial support of the Leverhulme Trust (Programme Grant F114/BF) is gratefully acknowledged.
The Manchester School
The authors would like to thank the editor and an anonymous referee of
Series: Manchester School
Subjects:
Online Access: available in Bonn?
Database: Istex
Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2007
RePEc IDEAS
RePEc
CrossRef
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