Regulation and the Composition of CEO Pay

Jarque, Arantxa; Gaines, Brian
October 2012
Economic Quarterly (10697225);Fourth Quarter 2012, Vol. 98 Issue 4, p309
Academic Journal
The article discusses an empirical analysis of the trends in the U.S. on the use of various compensation instruments, focusing on restricted stock grants and option grants of chief executive officer (CEO) salary. It considers two changes in the U.S. regulation of compensation practices. It mentions that both the passage of the U.S. Sarbanes-Oxley Act in 2002 and the changes in accounting standards removed some advantage of granting options against stock as part of CEOs' compensation.


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