Market competition and executive pay: increased competition affects the pay incentives firms provide to their managers and may also affect overall pay structures

Detalhes bibliográficos
Autor(a) principal: Ferreira, Priscila
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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spelling 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
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