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Performance measures for CEOs vary greatly, study finds
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Say-on-Pay Laws Increase Company Valuations, Study Finds

Phys.Org

When shareholders have a say on executive pay, CEO salaries decline and company valuations rise, according to a University of Georgia study. By analyzing financial data from more than 17,000 publicly traded companies in countries that have passed say-on-pay laws and countries that haven't, researchers found such laws tie CEO pay more closely to their company's performance and increase compensation equality among top managers. "Eleven developed countries passed these laws between 2003 and 2013, so that gave us a natural laboratory where we could ...

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