Executive pay, tournaments and corporate performance in UK firms

Martin J. Conyon, Graham Sadler

Research output: Contribution to journalArticle

Abstract

Recent initiatives for modernising local government have ignored the potential contribution of parish and town councils. This article critically examines English parish and town councils in the context of the current debate about the need for government to be more responsive to community needs. It considers measures to enhance the capacity of these grassroots councils by recalibrating the responsibilities and resources between tiers of local government. It concludes by setting out possible reforms to facilitate the contribution of these local councils to the modernising agenda as both representatives of the community and potential providers of local services.
Original languageEnglish
Pages (from-to)141-168
Number of pages28
JournalInternational Journal of Management Reviews
Volume3
Issue number2
DOIs
Publication statusPublished - Jun 2001

Keywords

  • executive pay
  • corporate performance
  • pay-for-performance sensitivity
  • tournament theory
  • career concerns
  • incentives
  • executives

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