Date of Submission
Campus Only Senior Thesis
Bachelor of Arts
© 2015 Meghan K. Fuelling
Executive Compensation has received a lot of media and academic attention in the last decade. Much of that attention is focused on the gross levels of compensation and not the component structure of salary, stock, options, etc. that make up a compensation package. This paper examines the executive compensation structures of internet technology firms, which are becoming an increasingly important part of the economy. I use samples of newly public and more established companies from early and recent periods to determine if and how the composition of executive pay has changed from 1997 to 2013. My findings suggest a decrease in the use of both options and salary as a percent of total compensation, with an accompanying increase in stock and overall equity percentages, has occurred between early and recent periods. Additionally, I find there to be less reliance on options and a lower mix of equity-to-salary between firms that have just gone public and more established firms, again with an increased use of stock in the component structure.
Fuelling, Meghan K., "Equity is the New Black: Examining Changes in the Executive Compensation Structures of Internet Companies" (2016). CMC Senior Theses. 1298.
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.