The impact of the high technology crisis on CEO compensation

Suwina Cheng, Bruce A Rayton

Research output: Chapter in Book/Report/Conference proceedingChapter

59 Downloads (Pure)

Abstract

The paper empirically examines CEO compensation in 125 UK high technology firms in an attempt to identify and understand any changes in the pay system evident after the global technology market correction in 2000. We find evidence that link between executive pay and market returns weakened and that the fixed component of executive pay in these companies rose post-adjustment. These changes appear to compensate executives for the increased risk associated with variable pay rather than rectify any perceived problems with executive incentives pre-2000.
Original languageEnglish
Title of host publicationAPBITM 2011 - Proceedings2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management
Place of PublicationPiscataway, NJ
PublisherIEEE
Pages131-136
Number of pages6
ISBN (Electronic)978-1-4244-9655-6
ISBN (Print)9781424496525
DOIs
Publication statusPublished - Jul 2011
Event2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management, APBITM 2011, July 10, 2011 - July 12, 2011 - Dalian, China
Duration: 1 Jul 2011 → …

Conference

Conference2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management, APBITM 2011, July 10, 2011 - July 12, 2011
CountryChina
CityDalian
Period1/07/11 → …

Fingerprint

CEO compensation
High technology
Executive pay
Market returns
Variable pay
Incentives
High-technology firms

Cite this

Cheng, S., & Rayton, B. A. (2011). The impact of the high technology crisis on CEO compensation. In APBITM 2011 - Proceedings2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management (pp. 131-136). [5996308] Piscataway, NJ: IEEE. https://doi.org/10.1109/APBITM.2011.5996308

The impact of the high technology crisis on CEO compensation. / Cheng, Suwina; Rayton, Bruce A.

APBITM 2011 - Proceedings2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management. Piscataway, NJ : IEEE, 2011. p. 131-136 5996308.

Research output: Chapter in Book/Report/Conference proceedingChapter

Cheng, S & Rayton, BA 2011, The impact of the high technology crisis on CEO compensation. in APBITM 2011 - Proceedings2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management., 5996308, IEEE, Piscataway, NJ, pp. 131-136, 2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management, APBITM 2011, July 10, 2011 - July 12, 2011, Dalian, China, 1/07/11. https://doi.org/10.1109/APBITM.2011.5996308
Cheng S, Rayton BA. The impact of the high technology crisis on CEO compensation. In APBITM 2011 - Proceedings2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management. Piscataway, NJ: IEEE. 2011. p. 131-136. 5996308 https://doi.org/10.1109/APBITM.2011.5996308
Cheng, Suwina ; Rayton, Bruce A. / The impact of the high technology crisis on CEO compensation. APBITM 2011 - Proceedings2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management. Piscataway, NJ : IEEE, 2011. pp. 131-136
@inbook{ece4007a8bb04217b5f47213013fa798,
title = "The impact of the high technology crisis on CEO compensation",
abstract = "The paper empirically examines CEO compensation in 125 UK high technology firms in an attempt to identify and understand any changes in the pay system evident after the global technology market correction in 2000. We find evidence that link between executive pay and market returns weakened and that the fixed component of executive pay in these companies rose post-adjustment. These changes appear to compensate executives for the increased risk associated with variable pay rather than rectify any perceived problems with executive incentives pre-2000.",
author = "Suwina Cheng and Rayton, {Bruce A}",
year = "2011",
month = "7",
doi = "10.1109/APBITM.2011.5996308",
language = "English",
isbn = "9781424496525",
pages = "131--136",
booktitle = "APBITM 2011 - Proceedings2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management",
publisher = "IEEE",
address = "USA United States",

}

TY - CHAP

T1 - The impact of the high technology crisis on CEO compensation

AU - Cheng, Suwina

AU - Rayton, Bruce A

PY - 2011/7

Y1 - 2011/7

N2 - The paper empirically examines CEO compensation in 125 UK high technology firms in an attempt to identify and understand any changes in the pay system evident after the global technology market correction in 2000. We find evidence that link between executive pay and market returns weakened and that the fixed component of executive pay in these companies rose post-adjustment. These changes appear to compensate executives for the increased risk associated with variable pay rather than rectify any perceived problems with executive incentives pre-2000.

AB - The paper empirically examines CEO compensation in 125 UK high technology firms in an attempt to identify and understand any changes in the pay system evident after the global technology market correction in 2000. We find evidence that link between executive pay and market returns weakened and that the fixed component of executive pay in these companies rose post-adjustment. These changes appear to compensate executives for the increased risk associated with variable pay rather than rectify any perceived problems with executive incentives pre-2000.

UR - http://dx.doi.org/10.1109/APBITM.2011.5996308

U2 - 10.1109/APBITM.2011.5996308

DO - 10.1109/APBITM.2011.5996308

M3 - Chapter

SN - 9781424496525

SP - 131

EP - 136

BT - APBITM 2011 - Proceedings2011 IEEE International Summer Conference of Asia Pacific Business Innovation and Technology Management

PB - IEEE

CY - Piscataway, NJ

ER -