Executive Compensation and Peer Benchmarking
Early Career Research Award
Executive compensation has risen considerably since the 1980s and continues to attract attention from shareholders, policy makers, and the public at large. This research seeks to understand the role that comparisons and peer benchmarking play in the continued increase of executive compensation. To do so, the author exploits a recent change in the United States Securities and Exchange Commission (SEC) regulations regarding executive compensation that requires firms to disclose the peer companies used for determining compensation.