Executive compensation based on asset values
(2012) In Economics Bulletin 32(2). p.1498-1502- 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.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/2542585
- author
- Byström, Hans LU
- organization
- publishing date
- 2012
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- executive pay, executive compensation, stock, credit default swap
- in
- Economics Bulletin
- volume
- 32
- issue
- 2
- pages
- 1498 - 1502
- publisher
- Economics Bulletin
- external identifiers
-
- scopus:84873458740
- ISSN
- 1545-2921
- language
- English
- LU publication?
- yes
- id
- 42fed8b1-92ac-4264-92d2-e419384d11e7 (old id 2542585)
- alternative location
- http://www.economicsbulletin.com/
- date added to LUP
- 2016-04-04 09:09:30
- date last changed
- 2022-03-23 04:16:20
@article{42fed8b1-92ac-4264-92d2-e419384d11e7,
abstract = {{This paper describes how credit default swaps could be employed to create performance based<br/><br>
executive compensation portfolios that reflect the value of a firm’s debt as well as equity; i.e. the<br/><br>
total value of all a firm’s assets. We define so-called Asset Value Unit (AVU) compensation<br/><br>
portfolios that work both for executive- and non-executive pay schemes in financial as well as<br/><br>
non-financial firms.}},
author = {{Byström, Hans}},
issn = {{1545-2921}},
keywords = {{executive pay; executive compensation; stock; credit default swap}},
language = {{eng}},
number = {{2}},
pages = {{1498--1502}},
publisher = {{Economics Bulletin}},
series = {{Economics Bulletin}},
title = {{Executive compensation based on asset values}},
url = {{http://www.economicsbulletin.com/}},
volume = {{32}},
year = {{2012}},
}