CEO Compensation 1 ECONOMIC AND PSYCHOLOGICAL PERSPECTIVES ON CEO COMPENSATION: A REVIEW AND SYNTHESIS Charles A. O’Reilly III Graduate School of Business Stanford University (650) 725-2110 oreilly_charles@gsb.stanford.edu Brian G.M. Main University of Edinburgh Management School The University of Edinburgh Brian.Main@ed.ac.uk October, 2009 We would like to thank Tim Ranzetta and Nora McCord of Equilar Inc. for providing the data used for this study.