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Executive Pay Regulation: What Regulators, Shareholders, and Managers Can Learn from Major Sports Leagues

Dietl, Helmut M. ; Duschl, Tobias ; Lang, Markus

In: Business and Politics, 2011, vol. 13, no. 2, p. -

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    Titre
    • Executive Pay Regulation: What Regulators, Shareholders, and Managers Can Learn from Major Sports Leagues
    Auteur
    • Dietl, Helmut M.. University of Zurich
    • Duschl, Tobias. University of Zurich
    • Lang, Markus. University of Zurich
    Type de document
    • Postprint
    Identifiant OAI-PMH
    • oai:doc.rero.ch:299795
    Summary
    Executive pay regulation is widely discussed as a measure to reduce financial mismanagement in corporations. We show that the professional team sports industry, the only industry with substantial experience in the regulation of compensation arrangements, provides valuable insights for the regulation of executive pay. Based on the experience from professional sports leagues, we develop implications for the corporate sector regarding the establishment and enforcement of executive pay regulation as well as the level, structure, and rigidity of such regulatory measures