Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • November 2017
  • Comment
  • Journal of Accounting & Economics

Discussion: Do Common Inherited Beliefs and Values Influence CEO Pay?

By: Lauren Cohen
  • Format:Print
ShareBar

Abstract

The origin of preferences is something we know strikingly little about in economics. Given the central importance of preferences, we have not invested nearly the time we should into this concept. And so, as an overarching research direction, I am heartened by the push of the paper. That being said, while I believe the authors have done much throughout the writing and revision of this paper, I do believe a number of gaps remain. These gaps vary in their severity—from further explorations that could have better established a potential mechanism, to fundamental gaps that impact inference and bottom-line takeaways. I’ll split the discussion into three main sections that encompass what I believe to be three broad categories of these gaps: 1. Two-sided matching. 2. External validity. 3. Lack of consistency across decisions.

Keywords

Executive Compensation; Values and Beliefs; Ethnicity

Citation

Cohen, Lauren. "Discussion: Do Common Inherited Beliefs and Values Influence CEO Pay?" Journal of Accounting & Economics 64, nos. 2-3 (November 2017): 368–370.
  • Find it at Harvard
  • Read Now

About The Author

Lauren H. Cohen

Finance
→More Publications

More from the Author

    • 2022
    • Faculty Research

    Hidden Alpha

    By: Lauren Cohen, Manuel Amman, Alexander Cochardt and Stephan Heller
    • October 2022 (Revised January 2023)
    • Faculty Research

    Century Bank: Closing Time?

    By: Lauren Cohen, Grace Headinger and Bill Kwon
    • October 2022
    • Faculty Research

    An Heir with No Spare: The Deitch Family Office

    By: Lauren Cohen and Grace Headinger
More from the Author
  • Hidden Alpha By: Lauren Cohen, Manuel Amman, Alexander Cochardt and Stephan Heller
  • Century Bank: Closing Time? By: Lauren Cohen, Grace Headinger and Bill Kwon
  • An Heir with No Spare: The Deitch Family Office By: Lauren Cohen and Grace Headinger
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College