The Association Between Gender-Diverse Compensation Committees and CEO Compensation
We examine the association between gender-diverse compensation committees and CEO pay and find that CEO compensation levels are negatively associated with gender-diversity of the compensation committee, but not gender-diversity of the board. Furthermore, we find that excess CEO compensation is negat...
Главный автор: | |
---|---|
Другие авторы: | ; |
Формат: | Электронный ресурс Статья |
Язык: | Английский |
Проверить наличие: | HBZ Gateway |
Journals Online & Print: | |
Interlibrary Loan: | Interlibrary Loan for the Fachinformationsdienste (Specialized Information Services in Germany) |
Опубликовано: |
2016
|
В: |
Journal of business ethics
Год: 2016, Том: 139, Выпуск: 2, Страницы: 375-390 |
Другие ключевые слова: | B
Compensation committee
B CEO compensation B Gender-diversity |
Online-ссылка: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |
Итог: | We examine the association between gender-diverse compensation committees and CEO pay and find that CEO compensation levels are negatively associated with gender-diversity of the compensation committee, but not gender-diversity of the board. Furthermore, we find that excess CEO compensation is negatively related to subsequent return on assets for firms with an all-male compensation committee but not for firms with a gender-diverse compensation committee. These results suggest that CEOs do receive some level of excess compensation which can be mitigated by having one or more females on the compensation committee. |
---|---|
ISSN: | 1573-0697 |
Второстепенные работы: | Enthalten in: Journal of business ethics
|
Persistent identifiers: | DOI: 10.1007/s10551-015-2660-y |