Executive pay regulation what regulators, shareholders, and managers can learn from major sports leagues
Por: Dietl, Helmut
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Colaborador(es): Duschl, Tobías | Lang, Markus.
Series Working paper series 6.[USA] North American Association of Sports Economists 2011Descripción: 26 páginas.Tema(s): RECURSOS HUMANOS | ALTA DIRECCIÓN | SALARIOS | CRISIS FINANCIERA | EQUIPOS DEPORTIVOS | POLÍTICAS SALARIALES | | PERÚRecursos en línea: Haga clic para acceso en línea Resumen: Executive pay regulation is widely discussed as a measure to reduce financial mismanagement in corporations. We show that the professional team sports industry, the only industry with substantial experience in the regulation of compensation arrangements, provides valuable insights for the regulation of executive pay. Based on the experience from professional sports leagues, we develop implications for the corporate sector regarding the establishment and enforcement of executive pay regulation as well as the level, structure, and rigidity of such regulatory measures.
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Executive pay regulation is widely discussed as a measure to reduce financial mismanagement in corporations. We show that the professional team sports industry, the only industry with substantial experience in the regulation of compensation arrangements, provides valuable insights for the regulation of executive pay. Based on the experience from professional sports leagues, we develop implications for the corporate sector regarding the establishment and enforcement of executive pay regulation as well as the level, structure, and rigidity of such regulatory measures.
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