Fixed or Contingent: How Should “Governance Monitors” Be Paid?

Title:

Fixed or Contingent: How Should “Governance Monitors” Be Paid?

GSB Authors:

David Larcker

Brian Tayan

All Authors:

Larcker, David F.

Tayan, Brian

Date:

2012-10-01

Abstract:

The responsibility of corporate monitors is to safeguard assets and reduce agency costs. Should monitors be paid bonuses? If so, what form should they take and what performance targets should be used?

Publisher:

Corporate Governance Research Initiative

Collection:

Corporate Governance Research Initiative Collections

Faculty Publications

Subject:

Accounting

Corporate Governance

Rights:

Copyright held by David F. Larcker and Brian Tayan. Further inquiries about reproduction and use should be directed to the Corporate Governance Research Initiative.

Format:

PDF

Language:

English

Series:

Stanford Closer Look Series

DOI:

https://doi.org/10.58140/gmar-x686

Publication Type:

Academic Publications