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Corporate visibility and executive pay

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Rayton, Bruce A., Brammer, Stephen and Cheng, Suwina (2012) Corporate visibility and executive pay. Economics Letters, Volume 117 (Number 1). pp. 337-339. doi:10.1016/j.econlet.2012.05.044 ISSN 0165-1765.

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Official URL: http://dx.doi.org/10.1016/j.econlet.2012.05.044

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Abstract

This paper seeks evidence of implicit regulation of executive pay. The implicit regulation hypothesis suggests highly visible companies will constrain their behavior to avoid potential reprisals from constituents, politicians and potential regulators. We extend this literature using a measure of corporate visibility based on the number of news stories about each firm in a balanced panel of 242 public companies.

Item Type: Journal Article
Divisions: Faculty of Social Sciences > Warwick Business School > Strategy & International Business
Faculty of Social Sciences > Warwick Business School
Journal or Publication Title: Economics Letters
Publisher: Elsevier
ISSN: 0165-1765
Official Date: 2012
Dates:
DateEvent
2012Published
Volume: Volume 117
Number: Number 1
Page Range: pp. 337-339
DOI: 10.1016/j.econlet.2012.05.044
Status: Peer Reviewed
Publication Status: Published

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