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Remuneration where weve been, how we got to here

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Remuneration where weve been, how we got to here

ecgiRemuneration:Where we’ve been, how we got to here, what arc the problems, and how to fix themFinance Working Paper N*. 44/200438169Michael c. Jens

Remuneration where weve been, how we got to here senHarvard Business School. Monitor Group.Cambridge. Massachusetts and ECGIKevin J. Murphyuse Marshall Business Schoolwith the assistance of Eric G. W

rack. Econalytics© Michael c. Jensen and Kevin J.Murphy 2004. All rights reserved. Short sections of text, not to exceed two paragraphs, may be quoted Remuneration where weve been, how we got to here

without explicit permission provided that full credit, including © notice, is given to the source.This paper can be downloaded without charge from: h

Remuneration where weve been, how we got to here

ttpy/ssm.com/abstract=S61305www.ecgi.org/wpECGI Working Paper Series in FinanceRemuneration: Where we’ve been, how we got tohere, what are the problem

ecgiRemuneration:Where we’ve been, how we got to here, what arc the problems, and how to fix themFinance Working Paper N*. 44/200438169Michael c. Jens

Remuneration where weve been, how we got to here study and the views expressed are solely those of the authors, we wish to thank BP lor financial support. Siew Hong Teoh for sharing her accounting r

esearch expertise and data, and Joe Fuller, Amy p. Hutton, and Karen H. Wruck for useful comments and suggestions. The authors are solely responsible Remuneration where weve been, how we got to here

for all errors of fact or interpretation.© Michael c. Jensen and Kevin J. Murphy 2004. All rights reserved. Short sections of text, not to exceed two

Remuneration where weve been, how we got to here

paragraphs, may be quoted without explicit permission provided that full credit, including © notice, is given to the source.Comments WelcomedNegotiati

ecgiRemuneration:Where we’ve been, how we got to here, what arc the problems, and how to fix themFinance Working Paper N*. 44/200438169Michael c. Jens

Remuneration where weve been, how we got to here e, what are the problems, and how to fix them*byMichael c. Jensen mỉỂniỂHíìhbsẹduJesse Isidor Straus Professor of Business Administration. Emeritus Ha

rvard Business School:Managing Director, Organizational Strategy Practice, The Monitor GroupKevin J. Murphykimtuphvfri usc.edu Remuneration where weve been, how we got to here

ecgiRemuneration:Where we’ve been, how we got to here, what arc the problems, and how to fix themFinance Working Paper N*. 44/200438169Michael c. Jens

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