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

Jacquart, Philippe; Armstrong, J. Scott

doi:10.2139/ssrn.2289555

Download This Paper

Open PDF in Browser

Add Paper to My Library

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

See all articles by Philippe Jacquart

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: 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