TITLE

CEO Compensation in Canada, 1971-2008

AUTHOR(S)
Gélinas1, Patrice; Baillargeon, Lisa
PUB. DATE
June 2013
SOURCE
International Journal of Business & Management;Jun2013, Vol. 8 Issue 12, p1
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
This paper draws from a unique database spanning over 35 years of Canadian CEOs' compensation to explore the interplay among: the information available to boards of directors of Canadian companies for making executive pay decisions, the Canadian business environment, and the compensation that Canadian CEOs received. We find a very strong correlation between Canadian CEOs' compensation and the amount of information on CEO compensation available to boards of directors. We further note that the evolution of the Canadian business environment has shaped the information produced and made available to boards of directors regarding CEO compensation.
ACCESSION #
88382015

 

Related Articles

  • ENOUGH BLAME TO GO AROUND. Minow, Nell // Conference Board Review;Summer2009, Vol. 46 Issue 4, p17 

    The article focuses on the responsibility of the board of directors in designing executive compensation and shareholders to make chief executive officers (CEOs) pay an essential element of their evaluation of the compensation committee and the board as a whole in the U.S. It notes the obligation...

  • Economic and psychological perspectives on CEO compensation: a review and synthesis. O’Reilly, Charles A.; Main, Brian G. M. // Industrial & Corporate Change;Jun2010, Vol. 19 Issue 3, p675 

    To many, the principal–agent model is the obvious lens through which executive pay should be viewed. Such a sentiment sits uncomfortably with a large number of empirical studies suggesting that the process of determining executive pay seems to be more readily explained by recourse to...

  • The Causes and Consequences of the Global Inflation of CEO Salaries. Lansing, Paul; Knoedgen, Sascha // International Journal of Management;Mar2007, Vol. 24 Issue 1, p70 

    Since the 1980's, CEO salaries have increased to ‘stratospheric’ heights. While the job has become more complex, the rise of stock options and friendly board of directors has fueled this rise in CEO salaries. Globalization of business has now made this a worldwide phenomenon. The...

  • CEO TENURE AS A DETERMINANT OF CEO PAY. Hill, Charles W. L.; Phan, Phillip // Academy of Management Journal;Sep91, Vol. 34 Issue 3, p707 

    Our hypotheses were that the influence of chief executive officers (CEOs) over boards of directors and the likelihood that the CEOs' compensation packages will reflect their preferences increase with CEO company tenure. Results of empirical tests were consistent with this argument, suggesting...

  • COMING DOWN TO EARTH. RYTERBAND, DANIEL J. // Conference Board Review;Spring2010, Vol. 47 Issue 3, p24 

    The article expresses the view that the pay gap between chief executive officers (CEOs) in the U.S. and abroad is narrowing, and explains why this is so. The author believes that board compensation committees in the U.S. are giving greater consideration to what is both affordable and justifiable...

  • Minorities 'Not Wanted', Says Survey. Heffes, Ellen M. // Financial Executive;Mar2009, Vol. 25 Issue 2, p11 

    The article discusses results of a survey among members of boards of directors of public companies in the U.S. Although 82% acknowledge the value of having a diverse board, 55% would not like their own boards to increase minority representation. A quarter of those polled said chief executive...

  • Inside the Numbers.  // InsideCounsel;Jan2014, Vol. 24 Issue 265, p17 

    Statistics are presented related to legal services industry in the U.S. including the percentage of retired newly elected directors, the executive compensation rate of directors and investors and percentage applying the separation of the role of chair and chief executive officer (CEO).

  • Who Shall Govern? CEO/Board Power, Demographic Similarity, and New Director Selection. Westphal, James D.; Zajac, Edward J. // Administrative Science Quarterly;Mar1995, Vol. 40 Issue 1, p60 

    This study examines CEO influence in the board of director selection process and the theoretical mechanism by which CEO influence is presumed to affect subsequent board decision making on CEO compensation. We address both of these issues by linking political and social psychological perspectives...

  • BOARD CONTROL, REMUNERATION COMMITTEES, AND TOP MANAGEMENT COMPENSATION. Conyon, Martin J.; Peck, Simon I. // Academy of Management Journal;Apr98, Vol. 41 Issue 2, p146 

    Using panel data on large, publicly traded U.K. companies gathered between 1991 and 1994, the authors examined the role of board control and remuneration committees in determining management compensation. Board monitoring, measured in terms of the proportion of nonexecutive directors on a board...

Share

Other Topics