The paper suggests that the extensive debate over the question of whether to use a consumer price index or a specific index (or replacement costs) to adjust historic accounts is approaching the problem in the wrong way. There are several relevant concepts of income which should be reported and...

This study examines both the direct and indirect effects of chief executive officer tenure and age on CEO pay in UK organizations. It was found that the positive relationship between shareholder return and increases in the value of executive options held decreases with CEO tenure. Moreover, the...

This article examines a successful Anglo-German joint venture in order to compare approaches in the two countries when faced with the same strategic investment decision. The case uniquely illustrates some of the key contrasts found in a more extensive study of strategic investment decisions...

This study examines the implications that CEO age has onexecutive pay regarding data collected in a UK setting. Whereprior research has typically focused on total pay (salary plusbonus), this study offers a more complete conceptual model bysplitting pay into salary, annual bonus, and share...