[PDF] Assessing Managerial Power Theory

An Empirical Examination of the Managerial Power Theory

Reichelstein, Stefan (1997): “Investment Decisions and Managerial Performance Evaluation”. In: Review of Accounting Studies, Vol. 2, pp. 157–180. Page 210 ...

Examining the Impact of Agency Issues on Corporate Performance

Agency Theory: An Assessment and Review. Academy of Management ... Assessing Managerial Power Theory. Journal of Management 41: 164–202 ...

Theory of the Firm: Managerial Behavior, Agency Costs and ...

Statutory laws sets bounds on the kinds of contracts into which individuals and organizations may enter without risking criminal prosecution. The police powers ...

The Determinants of CEO Turnover: Evidence from France | Cairn.info

Managerial power theory and agency theory might explain the phenomenon of CEO turnovers. Managerial power theory posits that powerful CEOs tend to get ...

Managerial Power, Perquisite Consumption and the Efficiency of ...

Based on prior empirical research, Bebchuk and Fried (2002, 2003, 2004) formulated two theories concerning executive compensation: the optimal contracting ...

Are optimal contracting and managerial power competing or ...

Not only do these perspectives of agency theory co-exist at an aggregate level, but also seem to be complementary at both the firm level and ...

Managerial Power and CEO Pay - SSRN

PDF icon Download This Paper · Open PDF in Browser. Add ... Keywords: executive compensation, optimal contracting, managerial power theory.

the moderating effect of CEO power and governance structure

Assessing managerial power theory: A meta-analytic approach to understanding the determinants of CEO Compensation. Journal of Management, 41, 164-. 202.

Executive Compensation from a Perspective of the Managerial ...

The study was conducted to determine which factors represent managerial power according to managerial power theory, making compensation less sensitive than ...

Power, rent extraction, and executive compensation - ifo Institut

At the level of theory, we argue that an analysis of the compensation ... managerial power and by managers' interest in extracting rents. In addition ...

Firm Performance, Corporate Governance and Executive ...

Assessing Managerial Power Theory: A Meta-Analytic. Approach to Understanding the Determinants of CEO Compensation. Journal of management, 41 ...

Assessing Managerial Ability: Implications for Corporate ...

For instance, a successful executive tends to gain power vis-`a-vis her board of directors, allowing her to capture greater compensation,26 ...

Managerial Power, Stock-Based Compensation, and Firm ... - CORE

Our theoretical analysis is based on a simple principal-agent model in which a firm consists of a representative shareholder, or the board, and ...

Managerial Power and Investment Inefficiency: Reconciling Theory ...

Investment Efficiency Evaluation Model. According to Richardson (2006), the model for estimating the expected normal investment expenditure is ...

Managerial Power and Rent Extraction in the Design of Executive ...

Theory, 43 J Fin 593,. 614 (1988) (arguing that directors fail to create proper executive pay arrangements because the directors bear a large share of the ...

Influence of the Board and Ownership Concentration on the ...

Assessing managerial power theory: A meta analytic approach to understanding ... pdf. Morck, R., Wolfezon, D., & Yeung, B. (2005). Corporate Governance ...

Who Gets the Lion's Share? Top Management Group Pay ...

Drawing on theories of managerial power and managerial discretion, this paper does ... “Assessing Managerial Power Theory: A Meta- analytic Approach to ...

Executive Compensation as an Agency Problem

... PDF article] [PDF with links]. 13⒌ Zonglai Kou, Hong Wu, Yue Tang, Min ... 20⒖ Assessing Managerial Power Theory. Journal of Management 41:1, 164-202 ...

The influence of CEO compensation on firm performance and its ...

Assessing managerial power theory: a meta-analytic approach to understanding the determinants of CEO compensation. Journal of Management,. 41(1), 164-202.

Meta-Theoretical Framework for Executive Compensation

What seems to be important in managerial power theory is the relationship between managerial power ... Assessing managerial power theory: A meta- ...