Agency Theory and Executive Pay

Alexander Pepper is Professor of Management Practice at the London School of Economics and Political Science, UK.  He previously had a long career at PwC, where he was a global leader of PwC’s Human Resource Services consulting practice from 2002-2006.  He has authored two books, Senior Executive Reward (2006), and The Economic Psychology of Incentives published by Palgrave Macmillan in 2015.

• 1. Agency Costs, Coordination Problems and the Remuneration Committee's Dilemma.- 2. What's Wrong with Agency Theory?.- 3. What a Public Corporation Really Is.- 4. Executive Pay as a Collective Action Problem.- 5. Behavioural Agency Theory.- 6. The Modern Corporation's Final Chapter.