LEADER 03324nam 22005775 450 001 9910337810503321 005 20200705214650.0 010 $a3-319-99969-9 024 7 $a10.1007/978-3-319-99969-2 035 $a(CKB)4100000007158805 035 $a(MiAaPQ)EBC5601996 035 $a(DE-He213)978-3-319-99969-2 035 $a(PPN)232474206 035 $a(EXLCZ)994100000007158805 100 $a20181119d2019 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aAgency Theory and Executive Pay$b[electronic resource] $eThe Remuneration Committee's Dilemma /$fby Alexander Pepper 205 $a1st ed. 2019. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Pivot,$d2019. 215 $a1 online resource (140 pages) 311 $a3-319-99968-0 327 $a1. Agency Costs, Coordination Problems and the Remuneration Committee's Dilemma -- 2. What's Wrong with Agency Theory? -- 3. What a Public Corporation Really Is -- 4. Executive Pay as a Collective Action Problem -- 5. Behavioural Agency Theory -- 6. The Modern Corporation's Final Chapter. 330 $aThis new book examines the relationship between agency theory and executive pay. It argues that while Jensen and Meckling (1976) were right in their analysis of the agency problem in public corporations they were wrong about the proposed solutions. Drawing on ideas from economics, psychology, sociology and the philosophy of science, the author explains how standard agency theory has contributed to the problem of executive pay rather than solved it. The book explores why companies should be regarded as real entities not legal fictions, how executive pay in public corporations can be conceptualised as a collective action problem and how behavioural science can help in the design of optimal incentive arrangements. An insightful and revolutionary read for those researching corporate governance, HRM and organisation theory, this useful book offers potential solutions to some of the problems with executive pay and the standard model of agency. 606 $aCorporate governance 606 $aPersonnel management 606 $aOrganization 606 $aPlanning 606 $aBehavioral sciences 606 $aCorporate Governance$3https://scigraph.springernature.com/ontologies/product-market-codes/511020 606 $aHuman Resource Management$3https://scigraph.springernature.com/ontologies/product-market-codes/517000 606 $aOrganization$3https://scigraph.springernature.com/ontologies/product-market-codes/516000 606 $aBehavioral Sciences$3https://scigraph.springernature.com/ontologies/product-market-codes/L13009 615 0$aCorporate governance. 615 0$aPersonnel management. 615 0$aOrganization. 615 0$aPlanning. 615 0$aBehavioral sciences. 615 14$aCorporate Governance. 615 24$aHuman Resource Management. 615 24$aOrganization. 615 24$aBehavioral Sciences. 676 $a658.4072 700 $aPepper$b Alexander$4aut$4http://id.loc.gov/vocabulary/relators/aut$0937009 906 $aBOOK 912 $a9910337810503321 996 $aAgency Theory and Executive Pay$92110364 997 $aUNINA