Executive Pay


Compilation of non-technical, practitioner articles on executive pay
Executive Pay: What’s Right, What’s Wrong, and What Could Be Fixed. Non-technical summary of my Gresham public lecture

Making Pay Simpler and More Long-Term

Simplicity, Transparency, and Sustainability: A New Model for CEO Pay. The case for replacing complex bonuses with simple restricted stock
Link Executive Pay to Wider Societal Benefits. FT Op-Ed
Performance-Based Pay For Executives Still Works. Harvard Business Review
How To Fix Executive Compensation. Wall Street Journal

Pay Ratios

Pay Ratios. Concerns with pay ratio disclosure. From my response to the Green Paper on Corporate Governance and my letter to the SEC 
Why We Need to Stop Obsessing Over CEO Pay RatiosHarvard Business Review

Debunking Myths About CEO Pay

Eight Common Myths About CEO Pay
Are CEOs Accountable for Performance? From my response to the Green Paper on Corporate Governance
Why the MSCI Study Does Not Show That Equity Incentives Backfire

Dangers of Pay Regulation

Stop Making CEO Pay a Political IssueHarvard Business Review
Beware the Unintended Consequences of Theresa May’s Flawed Executive Pay Proposals. CityAM
How Virtually Every Pay Regulation Has Backfired

Debt-Based Pay

Debt-Based Pay. Paying executives with debt. From my response to the UK government’s Executive Pay Inquiry
Pay Bosses in Debt – Not Just Equity – To Deter Future Crisis. CityAM


Say-on-pay. Should say-on-pay be binding? From my response to the Green Paper on Corporate Governance

Please also visit the LBS Centre for Corporate Governance for key academic studies and practitioner articles on executive pay

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