Bebchuk, Lucian Arye, and Jesse M. Fried. “Executive Compensation as an Agency Problem.”
Journal of Economic Perspectives, vol. 17, no. 3, Summer 2003, pp. 71–92, doi: 10.1257/089533003769204362.
This article from an academic journal discusses how executive compensation is derived and evaluates the risk that CEOs might not make decisions that are in the best interest of the stockholders. One author of this article, Lucian Arye Bebchuk, is a professor of law, economics, and finance at Harvard Law School. He is also a research associate at the National Bureau of Economic Research in Cambridge, Massachusetts. Coauthor Jesse M. Fried is a professor of law at the University of California at Berkeley. Readers of the Journal …show more content…
"The Determinants and Effects of
CEO–Employee Pay Ratios." Journal of Banking & Finance, vol. 37, no. 8, 2013, pp. 3258–3272, doi: 10.1016/j.jbankfin.2013.03.003.
This scholarly article from an academic journal focuses on executive compensation and lower level employees pay ratios and whether this relationship affects employee performance and productivity. Olubunmi Faleye, one author of this article, is a professor in the D’Amore-McKim School of Business at Northeastern University, in Boston, Massachusetts. Coauthor Ebru Reis, is a professor at the McCallum Graduate School of Business at Bentley University in Waltham, Massachusetts. The Journal of Banking & Finance is read by professionals in these two industries so they can stay up-to-date on economic and financial matters that affect their business. Throughout the article, the authors reference other academic articles and journals. Since both authors have advanced degrees in the field of business, they were able to write several sections of this article based off their own knowledge. The plethora of tables of data in the article can be used to show the compensation, performance, and productivity of both CEOs and their …show more content…
Average workers would be the most likely audience this particular piece. The author refers to articles from the Economic Policy Institute and the Wall Street Journal in the editorial in addition to using information from the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) and the Securities and Exchange Commission (SEC). This piece can be used to provide information about the SEC’s rule that public CEO compensation must be reported annually and to propose a possibly acceptable executive to worker pay