Fairness of CEO Compensation

Mehtap Aldogan Eklund is a Doctor of Philosophy in Management (Ph.D. HSG) at the University of St. Gallen (Switzerland). Her dissertation was entitled "CEO Compensation of Listed Companies in Switzerland". Currently, she is an Assistant Professor at the University of Wisconsin-La Crosse, USA. She is also one of the regional governance partners at the International Center for Corporate Governance (ICfCG) in St. Gallen, Switzerland. 
Previously, she worked as an Associate Professor of Accounting and Finance at the Østfold University College, Norway, between August 2017 and August 2019. She was the co-founder of the Business and Governance (BUS-GOV) and the founder of the China-Norway Researcher Network (CNRN) research centres at the Østfold University College. She also worked as a visiting Professor at the Helsinki Business School (HELBUS), Finland, and at the International School of Management (ISM), Paris, France.
Before her PhD study, she worked for seven years as an auditor in two of the Big 4 Auditing firms in Turkey, as well as in the Caribbean, the USA, and Luxembourg. Her areas of expertise are in corporate governance, executive compensation, financial accounting, international financial reporting standards (IFRS), and managerial accounting.

Introduction.- The Concept of Fair CEO Pay.- Compensation for Financial Performance.- Compensation for Non-Financial Performance (ESG Scores).- Compensation according to Risk of the Firm.- Compensation not more than Peers.- Compensation according  to Characteristics, Competence, and Individual Performance (CCIP).- Compensation according to Strategy.- Compensation according to Culture.- Compensation according to Integration.- Practical Insights.- Conclusion, Implication, and Future Research.- Appendix.

"The book proposes a holistic, multifaceted and multicultural framework of 'fair CEO compensation', based on eight independent factors. The book is also intended as a guide for practitioners. ... the book presents the opinions of experts and practitioners of executive pay and corporate governance, in relation to fair and optimal CEO compensation level and structure. It also provides the reader with real examples and practical insights." (Rosalia Santulli, Journal of Management and Governance, 2022)

“The book proposes a holistic, multifaceted and multicultural framework of ‘fair CEO compensation’, based on eight independent factors. The book is also intended as a guide for practitioners. … the book presents the opinions of experts and practitioners of executive pay and corporate governance, in relation to fair and optimal CEO compensation level and structure. It also provides the reader with real examples and practical insights.” (Rosalia Santulli, Journal of Management and Governance, 2022)