Publication Information

{'id': 'https://openalex.org/W2154746102', 'doi': 'https://doi.org/10.2139/ssrn.2134208', 'title': 'Executive Compensation and Corporate Governance in the U.S.: Perceptions, Facts and Challenges', 'display_name': 'Executive Compensation and Corporate Governance in the U.S.: Perceptions, Facts and Challenges', 'publication_year': 2012, 'publication_date': '2012-01-01', 'ids': {'openalex': 'https://openalex.org/W2154746102', 'doi': 'https://doi.org/10.2139/ssrn.2134208', 'mag': '2154746102'}, 'language': 'en', 'primary_location': {'is_oa': False, 'landing_page_url': 'https://doi.org/10.2139/ssrn.2134208', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S4210172589', 'display_name': 'SSRN Electronic Journal', 'issn_l': '1556-5068', 'issn': ['1556-5068'], 'is_oa': False, 'is_in_doaj': False, 'is_core': False, 'host_organization': 'https://openalex.org/I1318003438', 'host_organization_name': 'RELX Group (Netherlands)', 'host_organization_lineage': ['https://openalex.org/I1318003438'], 'host_organization_lineage_names': ['RELX Group (Netherlands)'], 'type': 'repository'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}, 'type': 'article', 'type_crossref': 'journal-article', 'indexed_in': ['crossref'], 'open_access': {'is_oa': True, 'oa_status': 'green', 'oa_url': 'http://www.nber.org/papers/w18395.pdf', 'any_repository_has_fulltext': True}, 'authorships': [{'author_position': 'first', 'author': {'id': 'https://openalex.org/A5111050048', 'display_name': 'Steven N. Kaplan', 'orcid': None}, 'institutions': [{'id': 'https://openalex.org/I40347166', 'display_name': 'University of Chicago', 'ror': 'https://ror.org/024mw5h28', 'country_code': 'US', 'type': 'education', 'lineage': ['https://openalex.org/I40347166']}, {'id': 'https://openalex.org/I1321305853', 'display_name': 'National Bureau of Economic Research', 'ror': 'https://ror.org/04grmx538', 'country_code': 'US', 'type': 'nonprofit', 'lineage': ['https://openalex.org/I1321305853']}, {'id': 'https://openalex.org/I4210136188', 'display_name': 'European Corporate Governance Institute', 'ror': 'https://ror.org/04egehb02', 'country_code': 'BE', 'type': 'nonprofit', 'lineage': ['https://openalex.org/I4210136188']}], 'countries': ['BE', 'US'], 'is_corresponding': True, 'raw_author_name': 'Steven N. Kaplan', 'raw_affiliation_strings': ['European Corporate Governance Institute (ECGI)', 'National Bureau of Economic Research (NBER)', 'University of Chicago - Booth School of Business', 'University of Chicago - Polsky Center for Entrepreneurship'], 'affiliations': [{'raw_affiliation_string': 'University of Chicago - Booth School of Business', 'institution_ids': ['https://openalex.org/I40347166']}, {'raw_affiliation_string': 'National Bureau of Economic Research (NBER)', 'institution_ids': ['https://openalex.org/I1321305853']}, {'raw_affiliation_string': 'European Corporate Governance Institute (ECGI)', 'institution_ids': ['https://openalex.org/I4210136188']}, {'raw_affiliation_string': 'University of Chicago - Polsky Center for Entrepreneurship', 'institution_ids': ['https://openalex.org/I40347166']}]}], 'institution_assertions': [], 'countries_distinct_count': 2, 'institutions_distinct_count': 3, 'corresponding_author_ids': ['https://openalex.org/A5111050048'], 'corresponding_institution_ids': ['https://openalex.org/I40347166', 'https://openalex.org/I1321305853', 'https://openalex.org/I4210136188'], 'apc_list': None, 'apc_paid': None, 'fwci': 17.276, 'has_fulltext': True, 'fulltext_origin': 'ngrams', 'cited_by_count': 53, 'citation_normalized_percentile': {'value': 0.981104, 'is_in_top_1_percent': False, 'is_in_top_10_percent': True}, 'cited_by_percentile_year': {'min': 95, 'max': 96}, 'biblio': {'volume': None, 'issue': None, 'first_page': None, 'last_page': None}, 'is_retracted': False, 'is_paratext': False, 'primary_topic': {'id': 'https://openalex.org/T10019', 'display_name': 'Corporate Finance and Governance', 'score': 0.9462, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}, 'topics': [{'id': 'https://openalex.org/T10019', 'display_name': 'Corporate Finance and Governance', 'score': 0.9462, 'subfield': {'id': 'https://openalex.org/subfields/1402', 'display_name': 'Accounting'}, 'field': {'id': 'https://openalex.org/fields/14', 'display_name': 'Business, Management and Accounting'}, 'domain': {'id': 'https://openalex.org/domains/2', 'display_name': 'Social Sciences'}}], 'keywords': [{'id': 'https://openalex.org/keywords/executive-compensation', 'display_name': 'Executive compensation', 'score': 0.8396902}], 'concepts': [{'id': 'https://openalex.org/C151392489', 'wikidata': 'https://www.wikidata.org/wiki/Q5419946', 'display_name': 'Executive compensation', 'level': 3, 'score': 0.8396902}, {'id': 'https://openalex.org/C39389867', 'wikidata': 'https://www.wikidata.org/wiki/Q380767', 'display_name': 'Corporate governance', 'level': 2, 'score': 0.7365675}, {'id': 'https://openalex.org/C121955636', 'wikidata': 'https://www.wikidata.org/wiki/Q4116214', 'display_name': 'Accounting', 'level': 1, 'score': 0.56931865}, {'id': 'https://openalex.org/C144133560', 'wikidata': 'https://www.wikidata.org/wiki/Q4830453', 'display_name': 'Business', 'level': 0, 'score': 0.4904961}, {'id': 'https://openalex.org/C26760741', 'wikidata': 'https://www.wikidata.org/wiki/Q160402', 'display_name': 'Perception', 'level': 2, 'score': 0.4414776}, {'id': 'https://openalex.org/C2780023022', 'wikidata': 'https://www.wikidata.org/wiki/Q1338171', 'display_name': 'Compensation (psychology)', 'level': 2, 'score': 0.42270756}, {'id': 'https://openalex.org/C15744967', 'wikidata': 'https://www.wikidata.org/wiki/Q9418', 'display_name': 'Psychology', 'level': 0, 'score': 0.34210712}, {'id': 'https://openalex.org/C17744445', 'wikidata': 'https://www.wikidata.org/wiki/Q36442', 'display_name': 'Political science', 'level': 0, 'score': 0.3314113}, {'id': 'https://openalex.org/C77805123', 'wikidata': 'https://www.wikidata.org/wiki/Q161272', 'display_name': 'Social psychology', 'level': 1, 'score': 0.19001624}, {'id': 'https://openalex.org/C10138342', 'wikidata': 'https://www.wikidata.org/wiki/Q43015', 'display_name': 'Finance', 'level': 1, 'score': 0.10816279}, {'id': 'https://openalex.org/C169760540', 'wikidata': 'https://www.wikidata.org/wiki/Q207011', 'display_name': 'Neuroscience', 'level': 1, 'score': 0.0}], 'mesh': [], 'locations_count': 3, 'locations': [{'is_oa': False, 'landing_page_url': 'https://doi.org/10.2139/ssrn.2134208', 'pdf_url': None, 'source': {'id': 'https://openalex.org/S4210172589', 'display_name': 'SSRN Electronic Journal', 'issn_l': '1556-5068', 'issn': ['1556-5068'], 'is_oa': False, 'is_in_doaj': False, 'is_core': False, 'host_organization': 'https://openalex.org/I1318003438', 'host_organization_name': 'RELX Group (Netherlands)', 'host_organization_lineage': ['https://openalex.org/I1318003438'], 'host_organization_lineage_names': ['RELX Group (Netherlands)'], 'type': 'repository'}, 'license': None, 'license_id': None, 'version': None, 'is_accepted': False, 'is_published': False}, {'is_oa': True, 'landing_page_url': 'http://www.nber.org/papers/w18395.pdf', 'pdf_url': 'http://www.nber.org/papers/w18395.pdf', 'source': {'id': 'https://openalex.org/S4306401271', 'display_name': 'RePEc: Research Papers in Economics', 'issn_l': None, 'issn': None, 'is_oa': True, 'is_in_doaj': False, 'is_core': False, 'host_organization': 'https://openalex.org/I77793887', 'host_organization_name': 'Federal Reserve Bank of St. Louis', 'host_organization_lineage': ['https://openalex.org/I77793887'], 'host_organization_lineage_names': ['Federal Reserve Bank of St. Louis'], 'type': 'repository'}, 'license': None, 'license_id': None, 'version': 'publishedVersion', 'is_accepted': True, 'is_published': True}, {'is_oa': True, 'landing_page_url': 'https://hdl.handle.net/10419/103228', 'pdf_url': 'https://www.econstor.eu/bitstream/10419/103228/1/732712475.pdf', 'source': {'id': 'https://openalex.org/S4306401696', 'display_name': 'Econstor (Econstor)', 'issn_l': None, 'issn': None, 'is_oa': True, 'is_in_doaj': False, 'is_core': False, 'host_organization': None, 'host_organization_name': None, 'host_organization_lineage': [], 'host_organization_lineage_names': [], 'type': 'repository'}, 'license': 'other-oa', 'license_id': 'https://openalex.org/licenses/other-oa', 'version': 'submittedVersion', 'is_accepted': False, 'is_published': False}], 'best_oa_location': {'is_oa': True, 'landing_page_url': 'http://www.nber.org/papers/w18395.pdf', 'pdf_url': 'http://www.nber.org/papers/w18395.pdf', 'source': {'id': 'https://openalex.org/S4306401271', 'display_name': 'RePEc: Research Papers in Economics', 'issn_l': None, 'issn': None, 'is_oa': True, 'is_in_doaj': False, 'is_core': False, 'host_organization': 'https://openalex.org/I77793887', 'host_organization_name': 'Federal Reserve Bank of St. Louis', 'host_organization_lineage': ['https://openalex.org/I77793887'], 'host_organization_lineage_names': ['Federal Reserve Bank of St. Louis'], 'type': 'repository'}, 'license': None, 'license_id': None, 'version': 'publishedVersion', 'is_accepted': True, 'is_published': True}, 'sustainable_development_goals': [{'id': 'https://metadata.un.org/sdg/1', 'score': 0.67, 'display_name': 'No poverty'}], 'grants': [], 'datasets': [], 'versions': [], 'referenced_works_count': 48, 'referenced_works': ['https://openalex.org/W1182250683', 'https://openalex.org/W1482856803', 'https://openalex.org/W1526941477', 'https://openalex.org/W1560946933', 'https://openalex.org/W1607646156', 'https://openalex.org/W1828771748', 'https://openalex.org/W1977629324', 'https://openalex.org/W1980198021', 'https://openalex.org/W1987748634', 'https://openalex.org/W2016253711', 'https://openalex.org/W2045560067', 'https://openalex.org/W2045857744', 'https://openalex.org/W2055554815', 'https://openalex.org/W2068658192', 'https://openalex.org/W2096241626', 'https://openalex.org/W2097384732', 'https://openalex.org/W2105135385', 'https://openalex.org/W2110435530', 'https://openalex.org/W2111583273', 'https://openalex.org/W2125924098', 'https://openalex.org/W2141273954', 'https://openalex.org/W2143490557', 'https://openalex.org/W2149668926', 'https://openalex.org/W2149887573', 'https://openalex.org/W2153732870', 'https://openalex.org/W2154288561', 'https://openalex.org/W2155435216', 'https://openalex.org/W2286435403', 'https://openalex.org/W2292505470', 'https://openalex.org/W2891965021', 'https://openalex.org/W3121479022', 'https://openalex.org/W3122382350', 'https://openalex.org/W3122666951', 'https://openalex.org/W3123584514', 'https://openalex.org/W3123807462', 'https://openalex.org/W3124259969', 'https://openalex.org/W3124379587', 'https://openalex.org/W3124400623', 'https://openalex.org/W3124463244', 'https://openalex.org/W3124546270', 'https://openalex.org/W3124973077', 'https://openalex.org/W3125486262', 'https://openalex.org/W3125562573', 'https://openalex.org/W3125947162', 'https://openalex.org/W3145045176', 'https://openalex.org/W4230953566', 'https://openalex.org/W4253733907', 'https://openalex.org/W595257831'], 'related_works': ['https://openalex.org/W4212854699', 'https://openalex.org/W3123337483', 'https://openalex.org/W3121913518', 'https://openalex.org/W3011836527', 'https://openalex.org/W2965420389', 'https://openalex.org/W2309814745', 'https://openalex.org/W2158308952', 'https://openalex.org/W2029247574', 'https://openalex.org/W2009717247', 'https://openalex.org/W1557824005'], 'abstract_inverted_index': {'In': [0], 'this': [1], 'paper,': [2], 'I': [3], 'consider': [4], 'the': [5, 54, 78, 106, 134, 168, 172, 194, 202, 209, 253], 'evidence': [6], 'for': [7, 34, 44, 148, 152], 'three': [8], 'common': [9, 210], 'perceptions': [10], 'of': [11, 91, 136, 162, 215, 241], 'U.S.': [12], 'public': [13], 'company': [14], 'CEO': [15, 49, 61, 93, 131, 163, 216], 'pay': [16, 26, 50, 62, 94, 132, 135, 189, 198, 217, 236], 'and': [17, 24, 37, 108, 122, 133, 150, 174, 176, 188, 223, 244], 'corporate': [18, 185], 'governance:': [19], '(1)': [20], 'CEOs': [21, 30, 43, 145], 'are': [22, 31, 71, 146], 'overpaid': [23], 'their': [25, 35, 74, 85, 229], 'keeps': [27], 'increasing;': [28], '(2)': [29], 'not': [32, 41], 'paid': [33, 68, 147], 'performance;': [36], '(3)': [38], 'boards': [39, 156, 224], 'do': [40, 157, 225], 'penalize': [42], 'poor': [45, 153, 181], 'performance.': [46, 154, 183], 'While': [47, 184], 'average': [48, 75, 197], 'increased': [51, 166], 'substantially': [52], 'through': [53], '1990s,': [55, 175], 'it': [56], 'has': [57, 165], 'declined': [58], 'since': [59], 'then.': [60], 'levels': [63, 76, 199], 'relative': [64, 200], 'to': [65, 73, 95, 102, 143, 171, 180, 201, 208, 219, 227], 'other': [66], 'highly': [67], 'groups': [69], 'today': [70], 'comparable': [72], 'in': [77, 105, 129, 167, 252, 258], 'early': [79], '1990s': [80], 'although': [81], 'they': [82], 'remain': [83], 'above': [84], 'long-term': [86], 'historical': [87], 'average.': [88], 'The': [89, 160], 'ratio': [90], 'large-company': [92], 'firm': [96], 'market': [97, 221], 'value': [98], 'is': [99, 177], 'roughly': [100], 'similar': [101, 118], 'its': [103, 111], 'level': [104], 'late-1970s': [107], 'lower': [109], 'than': [110], 'pre-1960s': [112], 'levels.': [113], 'These': [114], 'patterns': [115], 'suggest': [116], 'that': [117], 'forces,': [119], 'likely': [120], 'technology': [121], 'scale,': [123], 'have': [124, 206], 'played': [125], 'a': [126, 212], 'meaningful': [127, 213], 'role': [128], 'driving': [130], 'others': [137], 'with': [138, 232], 'top': [139, 234], 'incomes.': [140], 'With': [141], 'regard': [142], 'performance,': [144], 'performance': [149], 'penalized': [151], 'Finally,': [155], 'monitor': [158, 228], 'CEOs.': [159, 230], 'rate': [161], 'turnover': [164], '2000s': [169], 'compared': [170], '1980s': [173], 'significantly': [178], 'tied': [179], 'stock': [182], 'governance': [186], 'failures': [187], 'outliers': [190], 'as': [191, 193], 'well': [192], 'very': [195], 'high': [196], 'typical': [203], 'household': [204], 'undoubtedly': [205], 'contributed': [207], 'perceptions,': [211], 'part': [214], 'appears': [218], 'be': [220], 'determined': [222], 'appear': [226], 'Consistent': [231], 'that,': [233], 'executive': [235], 'policies': [237], 'at': [238], 'over': [239], '98%': [240], 'S&P': [242], '500': [243], 'Russell': [245], '3000': [246], 'companies': [247], 'received': [248], 'majority': [249], 'shareholder': [250], 'support': [251], 'Dodd-Frank': [254], 'mandated': [255], 'Say-On-Pay': [256], 'votes': [257], '2011.': [259]}, 'cited_by_api_url': 'https://api.openalex.org/works?filter=cites:W2154746102', 'counts_by_year': [{'year': 2023, 'cited_by_count': 2}, {'year': 2022, 'cited_by_count': 2}, {'year': 2021, 'cited_by_count': 2}, {'year': 2020, 'cited_by_count': 2}, {'year': 2019, 'cited_by_count': 2}, {'year': 2018, 'cited_by_count': 3}, {'year': 2017, 'cited_by_count': 3}, {'year': 2016, 'cited_by_count': 7}, {'year': 2015, 'cited_by_count': 6}, {'year': 2014, 'cited_by_count': 15}, {'year': 2013, 'cited_by_count': 7}, {'year': 2012, 'cited_by_count': 2}], 'updated_date': '2025-01-05T14:38:43.816216', 'created_date': '2016-06-24'}