Peer reviewedERIC Number: EJ421270
Record Type: Journal
Publication Date: 1990
Pages: N/A
Abstractor: N/A
ISBN: N/A
ISSN: ISSN-0001-8392
EISSN: N/A
Golden Parachutes: CEOs and the Exercise of Social Influence.
Wade, James; And Others
Administrative Science Quarterly, v35 n4 p587-603 Dec 1990
Uses an agency theory framework and data on 89 Fortune 500 firms to assess whether granting golden parachutes to chief executive officers is determined by an economically rational process or by the CEO's social influence. Results suggest that each influence has merit, depending on the firm's ownership structure. Includes 45 references. (MLH)
Descriptors: Economic Factors, Fringe Benefits, Incentives, Industry, Management Teams, Social Influences
Publication Type: Journal Articles; Reports - Evaluative
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Grant or Contract Numbers: N/A
