Mutuality, performance and executive compensation
Article Abstract:
A study on CEO remuneration using a sample of UK building societies is presented. The study reinforces the potential for inefficiencies in mutuals. The study identifies age, rather than performance improvements, as the chief personal characteristic that determines an increase in remuneration for CEOs. The study suggests the absence of a mechanism that can align manager and owner interests in UK building societies.
Publication Name: Oxford Bulletin of Economics & Statistics
Subject: Economics
ISSN: 0305-9049
Year: 1995
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Hard times or great expectations? Dividend omissions and dividend cuts by UK firms
Article Abstract:
Panel data probit models are estimated for dividend cuts and omissions incidences in United Kingdom firms that are omitting cash dividends. Variables examined include company size, investment, investment opportunities, leverage, and cash flow. These are primarily responsible for the rise in omission from 1995 on.
Publication Name: Oxford Bulletin of Economics & Statistics
Subject: Economics
ISSN: 0305-9049
Year: 2003
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Inter-industry wage differentials in Great Britain
Article Abstract:
The differentials and determinations of private-enterprise employees in the United Kingdom's various industries are discussed. Industry status is an important factor, but other estimates may remove this consideration.
Publication Name: Oxford Bulletin of Economics & Statistics
Subject: Economics
ISSN: 0305-9049
Year: 2000
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