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A Review on CEO Compensation Research: A Critical Look at the Sources of CEO Compensation of Korean Firms.
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경영자 보상 연구에 대한 소고: 국내 경영자 보상의 지급근거에 대한 비판적 관점을 중심으로

논문 기본 정보

Type
Academic journal
Author
Kyung Hye Kim (한밭대학교) Choi Kyongsoo (한밭대학교)
Journal
글로벌경영학회 글로벌경영학회지 글로벌경영학회지 제20권 제4호 KCI Accredited Journals
Published
2023.8
Pages
143 - 159 (17page)

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A Review on CEO Compensation Research: A Critical Look at the Sources of CEO Compensation of Korean Firms.
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Abstract· Keywords

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The purpose of this study is to provide an in-depth review and recommendations on CEO compensation research. More specifically, this study has two objectives. First, we air to faithfully and critically review the existing CEO compensation research. To do so, we select the most relevant studies and critically examine the selected studies. Second, we focus on Korean CEO compensation and critically examine whether such compensation can be explained by rationales. Based on this review, we provide a number of suggestions and suggest desirable directions for future research. The contributions of this study are as follows. First, by critically reviewing the previous studies, we provide suggestions based on new perspectives that are not presented in the existing studies. Second, the critical perspective and suggestions of this study, which provide doubts about whether the value of managerial compensation in Korea can be explained by appropriate pay rationale, are expected to provide desirable directions for future research.

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