International Journal of Management and Applied Science (IJMAS)
current issues
Volume-4,Issue-8  ( Aug, 2018 )
Past issues
  1. Volume-4,Issue-8  ( Aug, 2018 )
  2. Volume-4,Issue-7  ( Jul, 2018 )
  3. Volume-4,Issue-6  ( Jun, 2018 )
  4. Volume-4,Issue-5  ( May, 2018 )
  5. Volume-4,Issue-4  ( Apr, 2018 )
  6. Volume-4,Issue-3  ( Mar, 2018 )
  7. Volume-4,Issue-2  ( Feb, 2018 )
  8. Volume-4,Issue-1  ( Jan, 2018 )
  9. Volume-3,Issue-12  ( Dec, 2017 )
  10. Volume-3,Issue-11  ( Nov, 2017 )

Statistics report
Nov. 2018
Submitted Papers : 80
Accepted Papers : 10
Rejected Papers : 70
Acc. Perc : 12%
Issue Published : 54
Paper Published : 3316
No. of Authors : 6857
  Journal Paper




Paper Title :
Competition, Relative Performance Evaluation, and Executive Compensation Contracts

Author :Xing Lu, Haiyan Yin

Article Citation :Xing Lu ,Haiyan Yin , (2016 ) " Competition, Relative Performance Evaluation, and Executive Compensation Contracts " , International Journal of Management and Applied Science (IJMAS) , pp. 176-182, Volume-2,Issue-12, Special Issue-1

Abstract : This paper hypothesizes that the use of relative performance evaluation (RPE) as an incentive mechanism varies positively with the degree of competition a firm faces. I utilize the model proposed by Holmstrom and Milgrom (1987) and Aggarwal and Samwick (1999) to show that the level of competition affects RPE use. While previous research tends to focus on the characteristics of top executives, implying that CEOs are in the driver’s seat in their relationship with firms, this paper examines firm characteristics since CEO characteristics may reflect firm needs and current condition. The tests use two alternative measures of CEO compensation: cash compensation and total compensation. By focusing on firm characteristics, I find evidence that partially supports the hypothesis. The evidence shows strong supports for RPE use in CEOs’ cash compensation.

Type : Research paper

Indexed : Google Scholar


Copyright: © Institute of Research and Journals

| PDF |
Viewed - 15
| Published on 2017-02-02
   
   
IRAJ Other Journals
IJMAS updates
IJMAS -THANK YOU ALL FOR CONTRIBUTING YOUR PAPER TO IJMAS DECEMBER ISSUE.ALL AUTHORS ARE REQUESTED TO GET THEIR HARD COPY NOW.
The Conference World

JOURNAL SUPPORTED BY