CEO Pay and Shareholder Value: Helping the U.S. Win the Global Economic War

by Kay; Ira T.

• ISBN13: 9781574442038
• ISBN10: 1574442031
• Format: Hardcover
• Copyright: 1997-11-11
• Publisher: CRC Press

Summary

U.S. executive pay, particularly that of CEOs, has been under serious attack for nearly a decade. This enlightening new book examines the relationship between CEO pay and the value of the U.S. stock market, providing rebuttals for the criticisms of high executive pay. "CEO Pay and Shareholder Value" will help readers understand how business strategy, CEO pay, and long-term financial security are all linked.

Table of Contents

Acknowledgments	v	(2)
About the Author	vii	(2)
Introduction	ix
Chapter 1 Is There Pay for Performance?	1	(30)
Chapter 2 We All Benefit When CEOs Perform	31	(12)
Chapter 3 The Role of Executive Pay in the Global Economic War: A Comparison of the United States, Japan and Europe	43	(32)
Chapter 4 The Revolution in U.S. Corporate Governance and Its Impact on Executive Compensation	75	(18)
Chapter 5 Synchronized Pay: A Solution for Improving All-Employee Performance	93	(16)
Chapter 6 U.S. Executive Stock Ownership: A Source of Competitive Advantage	109	(14)
Epilogue: What if the Bulls Stop Running?	123	(2)
Selected Bibliography	125	(4)
Appendix A Types of Long-Term Incentive Plans	129	(6)
Appendix B The "Value" of an Employee Stock Option: A Brief Discussion of the Black-Scholes Option Pricing Model	135	(4)
Index	139