U.S. Executive Compensation in Historical Perspective
Temple University - James E. Beasley School of Law
RESEARCH HANDBOOK ON EXECUTIVE COMPENSATION, Hill et al., eds., Elgar Press, 2011
Temple University Legal Studies Research Paper No. 2011-19
Executive compensation is one of the central issues of modern corporate governance, but its history has received surprisingly little attention. This draft chapter for the forthcoming Research Handbook on Executive Compensation (Jennifer Hill & Randall Thomas, eds.) surveys the development of, and conflicts over, U. S. executive compensation across the twentieth century, paying particular attention to political, social, and legal contexts sometimes underplayed in accounts more tightly focused on pay level and composition. It closes by identifying several as-yet unresolved puzzles raised by the history of executive compensation.
Number of Pages in PDF File: 37
Keywords: executive compensation, history
JEL Classification: K22
Date posted: March 5, 2011 ; Last revised: June 20, 2011
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