Construct · 1 fields · 1 citations

compensation peer benchmarking: a standalone construct

One name. One construct. A landmark on the map.

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Corporate governance

setting executive pay with reference to selected peer firms, which tends to ratchet pay upward.

In corporate governance, compensation peer benchmarking refers to setting executive pay with reference to selected peer firms, which tends to ratchet pay upward. This meaning comes from Bizjak (2008) in Journal of Financial Economics.[1]

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Nearby constructs

compensation2 fields · 2 citationsjingle · one word, two constructs governance4 fields · 5 citationsjingle · one word, four constructs peer1 fields · 2 citationsanchor · a standalone construct

References

Bizjak, J., Lemmon, M., & Naveen, L. (2008). Does the use of peer groups contribute to higher pay and less efficient compensation? Journal of Financial Economics, 90(2), 152-168. https://doi.org/10.1016/j.jfineco.2007.08.007

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