University of Southern California

Kevin Murphy
Kenneth L. Trefftzs Chair in Finance and Professor of Finance and Business Economics

USC Marshall School of Business
Los Angeles, CA 90089-0808

Phone: 
213-740-6553
Education: 
PhD, MA, University of Chicago; BA, UCLA

Overview

Kevin J. Murphy is an internationally known expert on executive compensation, and is the author of more than forty articles, cases, books, or book chapters relating to compensation and incentives in organizations. Results from his research on executive compensation have appeared in the popular, business and professional press. He is associate editor for the Journal of Financial Economics and Journal of Corporate Finance. From 2004 to 2007, he served as Vice Dean for Faculty and Academic Affairs at the Marshall School. Before joining USC, Professor Murphy was on the faculty of the University of Rochester and Harvard Business School.

Research

Executive Remuneration and Employee Performance-Related Pay: A Transatlantic Perspective 2013
The Executive Compensation Controversy: A Transatlantic Analysis 2013
Relational Adaptation 2011
CEO Pay and what to do about it: Restoring integrity into executive compensation and capital-market relations 2010
Strategic Alliances: Bridges Between 'Islands of Conscious Power' 2008
Stock-Based Pay in New Economy Firms 2003
Expensing will improve compensation decisions 2002
Stock-based executive compensation 2002
The Economics of Executive Compensation 1999
Executive Stock Options: An Economist's Perspective 1998
Disney Offers a Model for Executive Compensation 1997
CEO Pay and Downsizing: The Social Consequences 1997
Reporting Choice and the 1992 Proxy Disclosure Rules 1996
Incentives, Downsizing, and Value Creation at General Dynamics 1995
Compensation at Lexerd Systems 1994
Executive Compensation in Corporate America 1993 1993
Compensation and Strategy and General Dynamics (A) , (B) 1993
Executive Compensation in Corporate America 1992 1992
Performance Measurement and Appraisal: Motivating Managers to Identify and Reward Performance 1992
Merck & Co., Inc. (A), (B), (C) 1991
A New Survey of Executive Compensation: Full Survey and Technical Appendix to 'CEO Incentives - It's Not How Much You Pay but How 1990
Relative Performance Evaluation for Chief Executive Officers 1990
The Control and Performance of State-Owned Enterprises: Comment 1989
Executive Compensation in Regulated Firms 1987
Incentives, Learning, and Compensation: A Theoretical and Empirical Investigation of Managerial Labor Contracts 1986
Top Executives Are Worth Every Nickel They Get 1986
Corporate Performance and Managerial Remuneration: An Empirical Investigation 1985
Is Executive Compensation Related to Company Performance? 1985