Автор |
Guerard, John B. |
Автор |
Horton, Raymond L. |
Дата выпуска |
1984 |
dc.description |
Economists long have debated the determinants of executive compensation. Recent academic studies have supported both the corporate growth hypothesis and the profit-maximization hypothesis. In the world of business, however, many observers have questioned the link between compensation and performance. The purpose of this study is to select an appropriate sample of peer firms for a rapidly growing chemical firm and to model the executive compensation processa Ridge regression is used to improve parameter stability in the presence of multicollinearity. Both size and performance variables are significant in the executive compensation modeling process. |
Формат |
application.pdf |
Издатель |
Marcel Dekker, Inc. |
Копирайт |
Copyright Taylor and Francis Group, LLC |
Тема |
mulicollinearity |
Тема |
ridge regression |
Название |
The management of executive compensation in large, dynamic firms:a ridge regression estimation |
Тип |
research-article |
DOI |
10.1080/03610928408828673 |
Electronic ISSN |
1532-415X |
Print ISSN |
0361-0926 |
Журнал |
Communications in Statistics - Theory and Methods |
Том |
13 |
Первая страница |
183 |
Последняя страница |
190 |
Аффилиация |
Guerard, John B.; Lehigh University |
Аффилиация |
Horton, Raymond L.; Lehigh University |
Выпуск |
2 |
Библиографическая ссылка |
Baumol, W.J. 1967. Business Behavior, Value and Growth, Harcourt, New York: Brace and World. |
Библиографическая ссылка |
Berle, A.A. and Means, G.C. The Modern Corporation and Private Property, New York: The MacMillan Company. |
Библиографическая ссылка |
Ciscel, D.H. and Carroll, T.M. 1980. The determinants of executive salaries:An econometric surv. The Review of Economics and Statistics, 60: 7–13. |
Библиографическая ссылка |
Hoerl, A.E. and Kennard, R.W. 1970. Ridge regression:Biased estimation for nonorthogonal problems. Technometrics, 12: 55–67. 69-82 |
Библиографическая ссылка |
Hoerl, A.E. and Kennard, R.W. 1976. Ridge regression:Iterative estimation of simulatio. Communications in Statistics, A5: 77–88. |
Библиографическая ссылка |
Hoerl, A.E., Kennard, R.W. and Baldwin, K.F. 1975. Ridge regression:Some simulatio. Communications in Statistics, 4: 105–123. |
Библиографическая ссылка |
Lewellen, W.G. 1968. Executive Compensation in the Large Industrial Corporations, New York: Columbia Unitersity Press. |
Библиографическая ссылка |
Lewellen, W.G. 1969. Management and Ownership in the Large Firm. Journal of Finance, 24: 229–232. |
Библиографическая ссылка |
Lewellen, W.G. and Huntsman, B. 1970. Managerial pay and corporate performance. American Economic Review, 60: 710–720. |
Библиографическая ссылка |
Masson, R.T. 1971. Executive motivations, earnings, and consequent equity performance. The Journal of Political Economy, 79: 1278–1292. |
Библиографическая ссылка |
McGuire, J.W., Chin, J.S.Y. and Elbing, A.O. 1962. Executive incomes, sales and profits. Amekican Economic Review, 52: 753–761. |
Библиографическая ссылка |
Montgomery, D.C. and Peck, E.A. 1982. Introduction to Linear Regression Analysis, 296–330. New York: John Wiley & Sons. |
Библиографическая ссылка |
Roberts, D.R. 1956. A general theory of executive compensation based on statistically tested proportions. The, Quarterly Journal of Economics, : 270–294. |
Библиографическая ссылка |
Smyth, D.J., Boyes, W.J. and Perseau, D.E. 1975. Size, Growth, Profits and Executive Compensation in the Large Corporation, New York: Holmes & Meier. |
Библиографическая ссылка |
Vinod, H.D. 1978. A Survey of Ridge Regression and Related Techniques for Improvements over Ordinary Least Squares. Review of Economics and Statistics, : 121–131. |