Document Type

Article

Publication Date

2010

Publication Title

Journal of Hospitality Financial Management

Volume

18

Issue

2

First page number:

1

Last page number:

17

Abstract

The purpose of this research is to assess the elasticity of CEO compensation in the U.S. restaurant industry. Using a sample of 30 restaurant firms for the years 1993 through 2006, we find that a 1% increase in current year firm return yields an increase of approximately .43% for salary, bonus and stock options, .20% for salary and bonus and 2.74% for bonus and options. Mergers do not appear to impact CEO compensation significantly. Our findings are within the range found by many previous researchers.

Keywords

CEO compensation; Restaurant industry

Disciplines

Business | Food and Beverage Management | Hospitality Administration and Management

Language

English

Comments

Toni Repetti A.K.A Toni Rowe

Identifier

10.1080/10913211.2010.10653891

Publisher Citation

Dalbor, Michael; Oak, Seonghee; and Rowe, Toni (2010) "How closely is CEO compensation tied to performance? An examination of the U.S. restaurant industry," Journal of Hospitality Financial Management: Vol. 18: Iss. 2, Article 2.

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