Knowledge Center: Publication
What CEOs and directors think about CEO compensation3/8/2016 John T. Thompson, Nicholas Donatiello, David F. Larcker and and Brian Tayan
Recently, Heidrick & Struggles and the Rock Center for Corporate Governance at Stanford University surveyed CEOs and directors of Fortune 500 companies to understand their perception of CEO pay practices among the largest U.S. corporations.
The research finds that directors of public companies give CEOs considerable credit for corporate success, believing that 40 percent of a company’s overall results, on average, are directly attributed to the CEO’s efforts.
About the authors
David F. Larcker is the James Irvin Miller professor of accounting at Stanford Graduate School of Business; director of the Corporate Governance Research Initiative; and senior faculty of the Arthur and Toni Rembe Rock Center for Corporate Governance. Full bio
John Thompson is vice chairman, global CEO and Board Practice, at Heidrick & Struggles. Full bio
Nicholas Donatiello is president and CEO of Odyssey and a lecturer at Stanford Graduate School of Business, where he lectures on the roles, responsibilities, and performance of boards in public, early stage private and not-for-profit companies. Full bio
Brian Tayan is a member of the Corporate Governance Research Initiative at Stanford Graduate School of Business. He is co-author with David Larcker of the books, A Real Look at Real World Corporate Governance and Corporate Governance Matters.