Arbeitspapier
Long Run Trends in Australian Executive Remuneration: BHP 1887-2012
Outside the US, little is known of long-run trends in executive compensation. We fill this gap by studying BHP, a resources giant that has long been one of the largest companies on the Australian stock market. From 1887 to 2013, trends in CEO and director remuneration (relative to average earnings) follow a U-shape. This matches the pattern for US executive compensation, Australian top incomes, and (for the past two decades) average trends in executive compensation in top Australian firms. Like the US, Australia experienced a post-warv great compression prior to the recent great divergence.
- Language
-
Englisch
- Bibliographic citation
-
Series: IZA Discussion Papers ; No. 7486
- Classification
-
Wirtschaft
Personal Income, Wealth, and Their Distributions
Wage Level and Structure; Wage Differentials
- Subject
-
executive remuneration
inequality
income distribution
- Event
-
Geistige Schöpfung
- (who)
-
Pottenger, Mike
Leigh, Andrew
- Event
-
Veröffentlichung
- (who)
-
Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2013
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Pottenger, Mike
- Leigh, Andrew
- Institute for the Study of Labor (IZA)
Time of origin
- 2013