Agency Theory and Executive Pay is popular PDF and ePub book, written by Alexander Pepper in 2018-11-19, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Agency Theory and Executive Pay can be Read Online from any device for your convenience.
Agency Theory and Executive Pay Book PDF Summary
This new book examines the relationship between agency theory and executive pay. It argues that while Jensen and Meckling (1976) were right in their analysis of the agency problem in public corporations they were wrong about the proposed solutions. Drawing on ideas from economics, psychology, sociology and the philosophy of science, the author explains how standard agency theory has contributed to the problem of executive pay rather than solved it. The book explores why companies should be regarded as real entities not legal fictions, how executive pay in public corporations can be conceptualised as a collective action problem and how behavioral science can help in the design of optimal incentive arrangements. An insightful and revolutionary read for those researching corporate governance, HRM and organisation theory, this useful book offers potential solutions to some of the problems with executive pay and the standard model of agency.
Detail Book of Agency Theory and Executive Pay PDF
- Author : Alexander Pepper
- Release : 19 November 2018
- Publisher : Springer
- ISBN : 9783319999692
- Genre : Business & Economics
- Total Page : 140 pages
- Language : English
- PDF File Size : 14,9 Mb
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