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• W1566743843 abstract "Abstract This article analyzes the effect of compensation consultants on executive pay practices. From a theoretical perspective, there are conflicting optimal contracting and managerial power related arguments on their role in the pay‐setting process. Moreover, empirical evidence also indicates an academic debate on their role within the firm's corporate governance system. Overall, research so far still has not given a clear answer on whether they are part of the agency problem or they act at the shareholders' interest and thus contribute towards optimal contracting." @default.
• W1566743843 created "2016-06-24" @default.
• W1566743843 creator A5021869146 @default.
• W1566743843 date "2015-01-21" @default.
• W1566743843 modified "2023-10-16" @default.
• W1566743843 title "Corporate Governance Mechanisms: The Case of Compensation Consultants" @default.
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• W1566743843 doi "https://doi.org/10.1002/9781118785317.weom010099" @default.
• W1566743843 hasPublicationYear "2015" @default.
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