TITLE

CEO Pay and the Market for CEOs

PUB. DATE
June 2012
SOURCE
Working Papers -- U.S. Federal Reserve Board's Finance & Economi;2012, p1
SOURCE TYPE
Working Paper
DOC. TYPE
Article
ABSTRACT
The article discusses the pay and labor market for chief executive officer (CEO). It states that the compensation decisions of the board reward educational credentials, career, and reputational credentials of CEOs. It says that sorting considerations in the CEO labor market are significant determinant of CEO pay. It adds that the increase in CEO pay may owe at least in part to an increase in the CEO talent premium.
ACCESSION #
78342400

 

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