Latest Achievements
I’m pleased to share a recent research contribution representing Cal Poly Humboldt. My paper, “CEO Compensation and the Political Environment,” has been accepted for publication in the *Journal of Business Research (A)*. This work is co-authored with faculty at University of Texas at Arlington.
The study examines how U.S. political leadership shapes executive compensation. Using a large sample of 32,222 firm-year observations from 1992 through 2022, we find that CEO pay tends to be higher under Republican presidential administrations and Republican-controlled Congresses. We also find stronger pay-for-performance sensitivity during these periods.
These results point to a nuanced effect: higher compensation may reflect rent extraction, while stronger pay-for-performance alignment suggests more efficient contracting. Overall, the findings highlight how the political environment, a non-financial factor, plays a meaningful role in corporate decision-making.
This publication contributes to ongoing research on executive compensation and governance, and reflects the strong research engagement at Cal Poly Humboldt.
I’m pleased to share a recent research contribution representing Cal Poly Humboldt. My paper, “CEO Compensation and the Political Environment,” has been accepted for publication in the *Journal of Business Research (A)*. This work is co-authored with faculty at University of Texas at Arlington.
The study examines how U.S. political leadership shapes executive compensation. Using a large sample of 32,222 firm-year observations from 1992 through 2022, we find that CEO pay tends to be higher under Republican presidential administrations and Republican-controlled Congresses. We also find stronger pay-for-performance sensitivity during these periods.
These results point to a nuanced effect: higher compensation may reflect rent extraction, while stronger pay-for-performance alignment suggests more efficient contracting. Overall, the findings highlight how the political environment, a non-financial factor, plays a meaningful role in corporate decision-making.
This publication contributes to ongoing research on executive compensation and governance, and reflects the strong research engagement at Cal Poly Humboldt.