An introduction to executive compensation - Balsam, Steven (Academic Press, 2002)
Includes bibliographical references (p. 359-373) and index
Front Cover; An Introduction to Executive Compensation; Copyright Page; Contents; Acknowledgments; PART I: An Introduction; Chapter 1. Introduction; Chapter 2. Overview of the Compensation Package; Chapter 3. An Introduction to Designing the Executive Compensation Contract; PART II: The Components of the Compensation Package; Chapter 4. Salary; Chapter 5. Bonuses: Short- and Long-Term; Chapter 6. Stock Grants and Options; Chapter 7. Deferred Compensation; PART III: Related Issues; Chapter 8. Ownership of the Corporation; Chapter 9. Corporate Governance
General readers have no idea why people should care about what executives are paid and why they are paid the way they are. That's the reason that The Wall Street Journal, Fortune, Forbes, and other popular and practitioner publications have regular coverage on them. This book not only proposes a reason--executives need incentives in order to maximize firm value (economists call this "agency theory")--it also describes the nature and design of executive compensation practices. Those incentives can take the form of benefits (salary, stock options), perquisites (reflecting the status of the execu