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Tenure and Contracts: The Experience of UK CEOs

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Tenure and Contracts: The Experience of UK CEOs. / Conyon, Martin.

In: Personnel Review, Vol. 23, No. 5, 1995, p. 25-33.

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Conyon, Martin. / Tenure and Contracts: The Experience of UK CEOs. In: Personnel Review. 1995 ; Vol. 23, No. 5. pp. 25-33.

Bibtex

@article{24b2e5c8547b4341bceeefebf9c3dbd0,
title = "Tenure and Contracts: The Experience of UK CEOs",
abstract = "Describes the tenure and contract experience of approximately 300 UK chief executive officers (CEOs) in 1993. Draws on the results of a retrospective postal questionnaire and examines whether the recommendations of the Cadbury report regarding contract provision of senior executives are being adhered to. The results of this descriptive exercise show that the median contract length of a typical UK CEO in a large company is three years. This is in line with the recommendations made by the Cadbury report. We find that on average such CEOs have been with their company for about five and a half years. Argues that, as a matter of good policy, companies should reveal the reasons for the length of the contract received by the CEO if this exceeds 12 months.",
keywords = "Cadbury Report, Contracts , Employment contracts , Questionnaires , Tenure , Top management , United Kingdom",
author = "Martin Conyon",
year = "1995",
doi = "10.1108/00483489410067772",
language = "English",
volume = "23",
pages = "25--33",
journal = "Personnel Review",
issn = "0048-3486",
publisher = "Emerald Group Publishing Ltd.",
number = "5",

}

RIS

TY - JOUR

T1 - Tenure and Contracts: The Experience of UK CEOs

AU - Conyon, Martin

PY - 1995

Y1 - 1995

N2 - Describes the tenure and contract experience of approximately 300 UK chief executive officers (CEOs) in 1993. Draws on the results of a retrospective postal questionnaire and examines whether the recommendations of the Cadbury report regarding contract provision of senior executives are being adhered to. The results of this descriptive exercise show that the median contract length of a typical UK CEO in a large company is three years. This is in line with the recommendations made by the Cadbury report. We find that on average such CEOs have been with their company for about five and a half years. Argues that, as a matter of good policy, companies should reveal the reasons for the length of the contract received by the CEO if this exceeds 12 months.

AB - Describes the tenure and contract experience of approximately 300 UK chief executive officers (CEOs) in 1993. Draws on the results of a retrospective postal questionnaire and examines whether the recommendations of the Cadbury report regarding contract provision of senior executives are being adhered to. The results of this descriptive exercise show that the median contract length of a typical UK CEO in a large company is three years. This is in line with the recommendations made by the Cadbury report. We find that on average such CEOs have been with their company for about five and a half years. Argues that, as a matter of good policy, companies should reveal the reasons for the length of the contract received by the CEO if this exceeds 12 months.

KW - Cadbury Report

KW - Contracts

KW - Employment contracts

KW - Questionnaires

KW - Tenure

KW - Top management

KW - United Kingdom

U2 - 10.1108/00483489410067772

DO - 10.1108/00483489410067772

M3 - Journal article

VL - 23

SP - 25

EP - 33

JO - Personnel Review

JF - Personnel Review

SN - 0048-3486

IS - 5

ER -