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Is the Evidence Sufficient to Take Action on Executive Pay? Reply to Commentators

Interfaces, Forthcoming

8 Pages Posted: 4 Jul 2013 Last revised: 1 Feb 2014

Philippe Jacquart

EMLYON Business School

J. Scott Armstrong

University of Pennsylvania - Marketing Department

Date Written: July 3, 2013

Abstract

The experimental evidence in this collection of papers is sufficient for organizations to take action — at least with respect to investigating or testing alternative pay schemes. Some organizations have already implemented a number of these procedures. The failure of an organization’s directors to follow evidence-based procedures for executive pay might be used as a basis for legal action by shareholders when results are detrimental to a firm.

Keywords: corporate governance, executive compensation, incentives, Mondragon, say-on-pay

JEL Classification: G30, G34, M0, M52, P13

Suggested Citation

Jacquart, Philippe and Armstrong, J. Scott, Is the Evidence Sufficient to Take Action on Executive Pay? Reply to Commentators (July 3, 2013). Interfaces, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2289555 or http://dx.doi.org/10.2139/ssrn.2289555

Philippe Jacquart

EMLYON Business School ( email )

23 Avenue Guy de Collongue
Ecully, 69132
France

J. Scott Armstrong (Contact Author)

University of Pennsylvania - Marketing Department ( email )

700 Jon M. Huntsman Hall
3730 Walnut Street
Philadelphia, PA 19104-6340
United States
215-898-5087 (Phone)
215-898-2534 (Fax)

HOME PAGE: http://marketing.wharton.upenn.edu/people/faculty/armstrong.cfm

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