This book not only proposes a reason - executives need incentives in order to maximize firm value (economists call this agency theory) - it also describes the nature and design of executive compensation practices.
Top Executive Compensation
Top Executive Compensation
Addresses the compensation hospital chief executives received for overseeing hospital operations, the factors that influenced these compensation levels, & compensation paid to executives of not-for-profit hospitals by businesses related to ...
Essential reading for board members, CEOs, and senior human resources leaders from companies of every size, this book is the most authoritative reference on executive compensation.
Devers, C. E., McNamara, G., Wiseman, R. M., & Arrfelt, M. (2008). Moving closer to the action: Examining compensation design effects on firm risk. Organization Science, 19(4), 548–566. Dong, Z., Wang, C., & Xie, F. (2010).
Written by renowned compensation expert Bruce Ellig, this book is a must read for the designers, approvers, and recipients of executive compensation, as well as those who write about the subject.
Nonprofit Executive Compensation: Planning, Performance, and Pay
Pay for performance has taken on new meaning for many shareholders and boards of directors.
South African chief executives are apparently worth their weight in gold. This book investigates the pay of the chief executives.