Pay Without Performance: The Institutional Shareholder Perspective

Kramer, Orin

doi:10.2139/ssrn.869804

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Pay Without Performance: The Institutional Shareholder Perspective

8 Pages Posted: 14 Dec 2005

See all articles by Orin Kramer

Orin Kramer

Independent

Date Written: December 2005

Abstract

This paper is based on the author's comments at the Columbia University Symposium on Bebchuk and Fried's "Pay without Performance: The Unfulfilled Promise of Executive Compensation." The paper discusses the book and the problems of executive compensation from the perspective of institutional investors.

Keywords: Executive compensation, pay without performance, Institutional investors

JEL Classification: G30, J33, J44, K22

Suggested Citation: Suggested Citation

Kramer, Orin, Pay Without Performance: The Institutional Shareholder Perspective (December 2005). Available at SSRN: https://ssrn.com/abstract=869804 or http://dx.doi.org/10.2139/ssrn.869804