This chapter summarizes the empirical and theoretical research on executive compensation
and provides a comprehensive and up-to-date description of pay practices (and trends in …

Relative performance evaluation (RPE) provides employees with an incentive to perform well
while insulating their compensation from shocks that also affect the performances of other …

Our estimates of the pay-performance relation (including pay, options, stockholdings, and
dismissal) for chief executive officers indicate that CEO wealth changes $3.25 for every $1,000 …

… KJ Murphy, Corporate performance and managerial … KJ Murphy, Corporate performance
and managerial … KJ Murphy, Corporate performance and managerial remuneration …

We investigated the frequency, manifestations, and severity of reactions to gadolinium
contrast media in patients who underwent MR imaging at a single institution. We reviewed the …

… Also, Murphy 34 finds that corporate vice presidents receive average pay increases of 18.8
percent upon promotion to another vice-presidential or higher position, compared to average …

This paper studies optimal incentive contracts when workers have career concerns--concerns
about the effects of current performance on future compensation. We show that the optimal …

… Murphy is an associate professor at the University of Rochester’s William E. Simon Schol of
… 4 For more detail on these tests, see Jensen and Murphy [, 1990 #354]. Data on hourly and …

Currently, we are in the midst of a reexamination of chief executive officer (CEO) remuneration
that has more than the usual amount of energy and substance. While much of the fury …

… Jensen and Murphy measured the … Murphy also include indirect incentives from cash
compensation and disciplinary terminations. Using data from 1974 to 1986, Jensen and Murphy …