Mergers and Acquisitions and Executive Compensation

Name: Mergers and Acquisitions and Executive Compensation
Brand: Taylor & Francis

Taylor & Francis

Mergers and Acquisitions and Executive CompensationAuthor(s): Virginia Bodolica, Martin Spraggon\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138802001, 978-1138802001\nSynopsis\nOver the past decades, the total value of executive compensation packages has been rising dramatically, contributing to a wider pay gap between the chief executive officer and the average worker. In the midst of the financial turmoil that brought about a massive wave of corporate failures, the lavish executive compensation package has come under an intense spotlight. Public pressure has mounted to revise the levels and the structure of executive pay in a way that will tie more closely the executive wealth to that of shareholders. Merger and acquisition (M) activities represent an opportune setting for gauging whether shareholder value creation or managerial opportunism guides executive compensation. M constitute major examples of high-profile events.