Justifying CEO Pay Ratios: Analysing Corporate Responses to Bloomberg’s Listing of Standard & Poor’s 500 Pay Ratios
Manuel Branco and
Catarina Delgado ()
Additional contact information
Catarina Delgado: University of Porto
A chapter in Dimensional Corporate Governance, 2017, pp 21-36 from Springer
Abstract This study analyzes Standard & Poor’s 500 Index top 250 companies’ responses to Bloomberg’s disclosed calculations of CEO pay ratios. The results suggest that CEO pay ratios, CEO compensations and average worker compensations do not seem to be related to the decision to respond. They also indicate that many of the corporations have adopted a strategy of avoiding the issue or deflecting attention from it by either choosing not to respond or criticizing the technicalities of the calculation of the CEO pay ratios. Corporations that responded largely conceptualize and communicate the rationale for high executive compensation in performance-driven language.
Keywords: Corporate Social Responsibility; Chief Executive Officer; Consumer Protection; Corporate Response; Executive Compensation (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:csrchp:978-3-319-56182-0_2
Ordering information: This item can be ordered from
Access Statistics for this chapter
More chapters in CSR, Sustainability, Ethics & Governance from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().