Performance Pay and Top-Management Incentives

Michael C. Jensen; Kevin Murphy
1990
Journal of Political Economy

“Performance Pay and Top-Management Incentives” (with Michael C. Jensen). 98 Journal of Political Economy April 1990). [Reprinted in The Economics of Executive Compensation (K. J. Murphy and K. Hallock, eds.) ( Edward Elgar Publishing, 1999) and The Economics of Executive Compensation (K. J. Murphy and K. Hallock, eds.) (Edward Elgar Publishing, 1999).]

USC Gould Author
Professor of Business, Economics and Law