Chief executive compensation: A study of the intersection of markets and political processes
研究了休闲行业CEO薪酬的决定因素，发现薪酬与公司规模、复杂性、绩效、CEO权力、董事会监督及人力资本存在复杂关联，并分别考察了工资和奖金，以及不同所有权类别下的薪酬决定。
Abstract A model of the determinants of chief executive (CEO) compensation is presented and tested. Based on a sample from the leisure industry, the study finds that CEO pay has complex links to several factors: firm size, complexity, performance, CEO power, board vigilance, and the CEO's human capital. The study includes a separate examination of CEO salary and bonus, as well as a test of pay determination across McEachern's (1975) ownership categories.