This Research Spotlight provides a summary of the academic literature on CEO pay levels in the United States. It reviews the evidence of: Long-term trends in the CEO compensation, the relation between CEO compensation and governance quality, the relation between peer group composition and CEO pay, and the relation between compensation consultant selection and CEO pay. This Research Spotlight expands upon issues introduced in the Quick Guide “CEO Compensation.”
Copyright held by David F. Larcker and Brian Tayan. Further inquiries about reproduction and use should be directed to the Corporate Governance Research Initiative.
