Executive compensation based on asset values

Research output: Contribution to journalArticlepeer-review

1 Citation (SciVal)

Abstract

This paper describes how credit default swaps could be employed to create performance based
executive compensation portfolios that reflect the value of a firm’s debt as well as equity; i.e. the
total value of all a firm’s assets. We define so-called Asset Value Unit (AVU) compensation
portfolios that work both for executive- and non-executive pay schemes in financial as well as
non-financial firms.
Original languageEnglish
Pages (from-to)1498-1502
JournalEconomics Bulletin
Volume32
Issue number2
Publication statusPublished - 2012

Subject classification (UKÄ)

  • Economics

Keywords

  • executive pay
  • executive compensation
  • stock
  • credit default swap

Fingerprint

Dive into the research topics of 'Executive compensation based on asset values'. Together they form a unique fingerprint.

Cite this