Setting the CEO’s Pay: Economic and Psychological Perspectives
To many, the principal-agent model is the obvious lens through which executive pay should be viewed. Such a sentiment sits uncomfortably with a large number of empirical studies suggesting that the process of determining executive pay seems to be more readily explained by recourse to arguments of managerial power and influence. This paper investigates the micro-underpinnings of boardroom behavior in order to explain this departure … [ Read more ]
Content: Article | Authors: Brian G.M. Main, Charles A. O’Reilly III | Source: Stanford University | Subject: Corporate Governance
Hidden Value: How Great Companies Achieve Extraordinary Results with Ordinary People
This inspirational book challenges the conventional wisdom that companies are engaged in a “war” for talent. Instead, the authors argue the challenge is hiring people you know you want to keep and cultivating their talent. You won’t get vague prescriptions here; O’Reilly and Pfeffer make their case with compelling stories of maverick companies, from Southwest Airlines, AES, and Cisco Systems to Men’s Wearhouse and New … [ Read more ]
Content: Book | Authors: Charles A. O’Reilly III, Jeffrey Pfeffer | Subjects: Management, Organizational Behavior