Executive compensation based on asset values
Författare
Summary, in English
This paper describes how credit default swaps could be employed to create performance based
executive compensation portfolios that reflect the value of a firm’s debt as well as equity; i.e. the
total value of all a firm’s assets. We define so-called Asset Value Unit (AVU) compensation
portfolios that work both for executive- and non-executive pay schemes in financial as well as
non-financial firms.
executive compensation portfolios that reflect the value of a firm’s debt as well as equity; i.e. the
total value of all a firm’s assets. We define so-called Asset Value Unit (AVU) compensation
portfolios that work both for executive- and non-executive pay schemes in financial as well as
non-financial firms.
Avdelning/ar
Publiceringsår
2012
Språk
Engelska
Sidor
1498-1502
Publikation/Tidskrift/Serie
Economics Bulletin
Volym
32
Issue
2
Dokumenttyp
Artikel i tidskrift
Förlag
Economics Bulletin
Ämne
- Economics
Nyckelord
- executive pay
- executive compensation
- stock
- credit default swap
Status
Published
ISBN/ISSN/Övrigt
- ISSN: 1545-2921