Article | Journal of Political Economy | April 1990

Performance Pay and Top Management Incentives

by Michael C. Jensen and Kevin J. Murphy

Keywords: Management; Motivation and Incentives; Performance; Jobs and Positions;


Jensen, Michael C., and Kevin J. Murphy. "Performance Pay and Top Management Incentives." Journal of Political Economy 98, no. 2 (April 1990): 225–265. (Reprinted in Michael C. Jensen, Foundations of Organizational Strategy, Harvard University Press, 1998.)