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CEO Pensions -- Disclosure, Rent Extraction, and Incentive Contracting
Pension Research Council Link to more items from this source
Jan. 26, 2007

Excerpt: CEOs often receive pensions that provide life annuities of up to 60% of their final salary plus bonus. [The author investigates] the extent to which pensions are rent extraction and/or the result of incentive contracting. Specifically, [the author examines] whether CEOs exploit limited disclosure requirements to hide and/or camouflage excess pension benefits, whether pensions are associated with CEO power and/or contracting determinants[.] [WP2007-05]

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