Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/1822/59293 |
Resumo: | Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the sharp increase in top executives’ pay and the nature of the link between pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to their executives, the analysis of the effects of competition on the structure of compensation can be informative for policy purposes. |
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Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structuresBarriers to entryEntry costsCompetitionPerformance-related payExecutive compensationCiências Sociais::Economia e GestãoDeregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the sharp increase in top executives’ pay and the nature of the link between pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to their executives, the analysis of the effects of competition on the structure of compensation can be informative for policy purposes.info:eu-repo/semantics/publishedVersionUniversidade do MinhoFerreira, Priscila20192019-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/1822/59293eng10.15185/izawol.115.v2info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-21T12:51:54Zoai:repositorium.sdum.uminho.pt:1822/59293Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T19:50:54.628773Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures |
title |
Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures |
spellingShingle |
Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures Ferreira, Priscila Barriers to entry Entry costs Competition Performance-related pay Executive compensation Ciências Sociais::Economia e Gestão |
title_short |
Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures |
title_full |
Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures |
title_fullStr |
Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures |
title_full_unstemmed |
Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures |
title_sort |
Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures |
author |
Ferreira, Priscila |
author_facet |
Ferreira, Priscila |
author_role |
author |
dc.contributor.none.fl_str_mv |
Universidade do Minho |
dc.contributor.author.fl_str_mv |
Ferreira, Priscila |
dc.subject.por.fl_str_mv |
Barriers to entry Entry costs Competition Performance-related pay Executive compensation Ciências Sociais::Economia e Gestão |
topic |
Barriers to entry Entry costs Competition Performance-related pay Executive compensation Ciências Sociais::Economia e Gestão |
description |
Deregulation and managerial compensation are two important topics on the political and academic agenda. The former has been a significant policy recommendation in light of the negative effects associated with overly restrictive regulation on markets and the economy. The latter relates to the sharp increase in top executives’ pay and the nature of the link between pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to their executives, the analysis of the effects of competition on the structure of compensation can be informative for policy purposes. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019 2019-01-01T00:00:00Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/1822/59293 |
url |
http://hdl.handle.net/1822/59293 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
10.15185/izawol.115.v2 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
repository.name.fl_str_mv |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799133095231750144 |