IIMA Institutional Repository
This Institutional Repository has been created to collect, preserve and distribute the scholarly output of Indian Institute of Management, Ahmedabad. This will work as an important tool to facilitate scholarly communication and preserve the institution knowledge. The Vikram Sarabhai Library is proud to be hosting the repository for the dissemination and preservation of this valuable knowledge resource of the IIMA community.
Please use this identifier to cite or link to this item:
http://hdl.handle.net/11718/19111Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor.author | Singal, Manisha | - |
| dc.date.accessioned | 2017-03-21T06:59:44Z | - |
| dc.date.available | 2017-03-21T06:59:44Z | - |
| dc.date.copyright | 2016-12-27 | - |
| dc.date.issued | 2016-12-27 | - |
| dc.identifier.uri | http://hdl.handle.net/11718/19111 | - |
| dc.description | The R & P seminar held at Wing 11 Committee Room, IIM Ahmedabad on December 27, 2016 by Prof. Manisha Singal, Pamplin College of Business, Virginia Tech University on "Is CEO Pay Related to Performance in the U.S. Hospitality Industry?" | en_US |
| dc.description.abstract | Due to the unique nature of the hospitality industry that entails higher competition, ease of entry and exit of firms, and geographic diversification, we hypothesize that CEO compensation in the hospitality industry will be higher and will also have higher pay-for performance sensitivity than in other industries. Using a comprehensive sample of firms in the hospitality and tourism (HT) industries, we find that CEO compensation depends upon firm size, Tobin’s Q, and CEO tenure. In addition, we find that compensation of HT firm CEOs is very sensitive to performance, using both measures- stock returns and return on assets. Interestingly we also find that HT firm CEOs earn as much as non-HT firm CEOs although HT firms are much smaller and underperform non-HT firms. Implications for theory and practice are discussed. | en_US |
| dc.language.iso | en | en_US |
| dc.publisher | Indian Institute of Management, Ahmedabad | en_US |
| dc.subject | CEO Pay | en_US |
| dc.subject | Hospitality industry | en_US |
| dc.subject | Performance pay | en_US |
| dc.title | Is CEO Pay Related to Performance in the U.S. Hospitality Industry? | en_US |
| dc.type | Video | en_US |
| Appears in Collections: | R & P Seminar | |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| IIMA_RP_27_12_2016.mp4 | IIMA_RP_27_12_2016 | 269.39 MB | MP4 Video | View/Open |
Items in IIMA Institutional Repository are protected by copyright, with all rights reserved, unless otherwise indicated.