Abstract
The chapter surveys theoretical and empirical studies on executive compensation in Korea. Firstly, we aim to elucidate significant institutional contexts, including pay disclosure rules and various aspects of corporate governance in Korea. We present and review several stylized facts about top executive pay using pay data from public firms in Korea. Our analysis indicates that current executive pay arrangements in Korea seem more consistent with the rent extraction view.
Original language | English |
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Title of host publication | Routledge Handbook of Korean Business and Management |
Publisher | Taylor and Francis |
Pages | 309-328 |
Number of pages | 20 |
ISBN (Electronic) | 9781003180920 |
ISBN (Print) | 9781032018737 |
DOIs | |
State | Published - 20 Feb 2025 |
Bibliographical note
Publisher Copyright:© 2025 Chris Rowley, Johngseok Bae, Hicheon Kim and Heechun Kim. All rights reserved.