ABSTRACT
This chapter summarizes the advancements made to date in the area of executive compensation in the specific context of Mergers and Acquisitions (M&A)s. It presents the findings of all the published empirical research to identify the various themes, streams, and topics of inquiry linking managerial pay with acquisition transactions in particular. The chapter explains the inconsistencies encountered within the current set of reviewed studies, and discusses priorities for future research in this field. It highlights the importance of extensive M&A literature and the broad executive compensation literature areas of research and cementing the CEO pay around M&A deals as a separate phenomenon worthy of scholarly exploration. The chapter also presents an exhaustive conceptual framework that allows positioning and differentiating the included studies along various merger-related dimensions, enhancing scholar's understanding of the extent to which a cumulative body of knowledge has developed over time in this field of investigation.
