The Impact of Corporate Reputation Ratings on CEO Compensation Under Diverse Economic Conditions

被引：0
|
作者：
Rudin, Joel [1 ]
Lee, Jooh [1 ]
机构：
[1] Rowan Univ, Rohrer Coll Business, 201 Mullica Hill Rd, Glassboro, NJ 08028 USA
来源：
CORPORATE REPUTATION REVIEW | 2021年 / 24卷 / 03期
关键词：
Corporate reputation ratings; Executive compensation; Chief executive officer; Economic cycle; EXECUTIVE-COMPENSATION; FIRM; PERFORMANCE; GOVERNANCE; MATTER;
D O I：
10.1057/s41299-020-00095-0
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Although it is assumed that CEOs attempt to use corporate reputation ratings to justify increases in their annual compensation, controversy persists on the relationship between corporate reputation ratings and CEO compensation. Based on agency theory and signaling theory, we predict a positive relationship between corporate reputation ratings and CEO compensation but only during periods of economic recovery. Using a subset of Fortune's "Most Admired" companies, this study demonstrates that corporate reputation ratings are significantly associated with CEO compensation during periods of economic recovery but not during periods of economic recession, after controlling the potential extraneous factors that may influence CEO pay.
引用
收藏
页码：117 / 127
页数：11
相关论文
共 50 条
  • [1] The Impact of Corporate Reputation Ratings on CEO Compensation Under Diverse Economic Conditions
    Joel Rudin
    Jooh Lee
    Corporate Reputation Review, 2021, 24 : 117 - 127
  • [2] Correction to: Does CEO (over)compensation influence corporate reputation?
    Ann-Christine Schulz
    Miriam Flickinger
    Review of Managerial Science, 2020, 14 : 929 - 932
  • [3] The Impact of Corporate Tax Avoidance on Board of Directors and CEO Reputation
    Lanis, Roman
    Richardson, Grant
    Liu, Chelsea
    McClure, Ross
    JOURNAL OF BUSINESS ETHICS, 2019, 160 (02) : 463 - 498
  • [4] The Impact of Corporate Tax Avoidance on Board of Directors and CEO Reputation
    Roman Lanis
    Grant Richardson
    Chelsea Liu
    Ross McClure
    Journal of Business Ethics, 2019, 160 : 463 - 498
  • [5] CEO reputation and top management team compensation The moderating role of corporate governance
    Sanchez-Marin, Gregorio
    Samuel Baixauli-Soler, J.
    MANAGEMENT DECISION, 2014, 52 (03) : 540 - 558
  • [6] It's Good for Our Reputation (?!) - the Impact of Socio-Political CEO Communication on Corporate Reputation
    Sauter, Simon
    Jungblut, Marc
    INTERNATIONAL JOURNAL OF STRATEGIC COMMUNICATION, 2024, 18 (01) : 19 - 37
  • [7] CEO excess compensation: the impact of compensation committee quality and corporate social responsibility
    Hsu, Hui-Wen
    APPLIED ECONOMICS LETTERS, 2023, 30 (16) : 2141 - 2148
  • [8] Does CEO (over)compensation influence corporate reputation? (vol 17, pg 33, 2018)
    Schulz, Ann-Christine
    Flickinger, Miriam
    REVIEW OF MANAGERIAL SCIENCE, 2020, 14 (04) : 929 - 932
  • [9] Impact of CEO attributes on corporate reputation, financial performance, and corporate sustainable growth: evidence from India
    Tutun Mukherjee
    Som Sankar Sen
    Financial Innovation, 8
  • [10] Impact of CEO attributes on corporate reputation, financial performance, and corporate sustainable growth: evidence from India
    Mukherjee, Tutun
    Sen, Som Sankar
    FINANCIAL INNOVATION, 2022, 8 (01)
12345