Title
Is pay related to performance in The Netherlands? An analysis of Duth executive compensation, 2002-2006 Is pay related to performance in The Netherlands? An analysis of Duth executive compensation, 2002-2006
Author
Faculty/Department
Faculty of Applied Economics
Publication type
article
Publication
Subject
Economics
Source (journal)
The economist
Volume/pages
158(2010) :2 , p. 123-149
ISSN
1572-9982
ISI
000280072800002
Carrier
E
Target language
English (eng)
Full text (Publishers DOI)
Affiliation
University of Antwerp
Abstract
This paper analyzes the characteristics of Dutch pay arrangements. We show that (1) studying executive compensation outside the Anglo-American countries adds insights to the pay for performance literature, (2) pay for performance relations are different for various types of executives and for various compensation components, (3) attention to the methodological treatment of conditional stock (option) grants is important, and (4) researchers should go beyond stock market performance indicators to detect the performance relatedness of pay. All in all, a myriad of payperformance relationships has been found for the Dutch case, when the above is accounted for.
E-info
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