Long run trends in Australian executive remuneration : BHP 1887 - 2012

Mike Pottenger; Andrew Leigh

Outside the US, little is known of long-run trends in executive compensation. We fill this gap by studying BHP, a resources giant that has long been one of the largest companies on the Australian stock market. From 1887 to 2013, trends in CEO and director remuneration (relative to average earnings) follow a U-shape. This matches the pattern for US executive compensation, Australian top incomes, and (for the past two decades) average trends in executive compensation in top Australian firms. Like the US, Australia experienced a post-warv "great compression" prior to the recent "great divergence".

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Year of publication:	2013
Authors:	Pottenger, Mike ; Leigh, Andrew
Publisher:	Bonn : IZA
Subject:	executive remuneration \| inequality \| income distribution \| Führungskräfte \| Managers \| Einkommensverteilung \| Income distribution \| Vergütungssystem \| Compensation system \| Australien \| Australia \| Lohn \| Wages \| Großbritannien \| United Kingdom

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Extent:	Online-Ressource ([27] S.) graph. Darst.
Series:	Discussion paper series / IZA. - Bonn : IZA, ZDB-ID 2120053-1. - Vol. 7486
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzung: Acrobat Reader
Other identifiers:	hdl:10419/80533 [Handle]
Classification:	D31 - Personal Income, Wealth and Their Distributions ; J31 - Wage Level and Structure; Wage Differentials by Skill, Training, Occupation, etc
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10009766261