Martin Conyon

  • Trustee Professor, Economics
  • Trustee Professor, Bentley University
  • Fellow, Institute for Compensation Studies, Cornell University
  • Senior Fellow, The Wharton School
  • Otto Mønsted Professor, Copenhagen Business School
  • Ph.D. in Economics, Warwick University
  • M.A. in Economics, Warwick University
  • BSc (hons) First Class in Economics, Ulster University

Teaching Interests

Economics

Research Interests

Martin J. Conyon

Professor of Economics, Bentley University
Otto Mønsted Professor, Copenhagen Business School
Senior Fellow, Wharton School, University of Pennsylvania

Martin J. Conyon is a Trustee Professor of Economics at Bentley University and a Senior Fellow at the Wharton School, University of Pennsylvania. His research focuses on political economy and applied econometrics.

His work is widely cited. His current Google Scholar h-index is 51, and he is listed among the world’s top 2 percent of scientists in the Stanford/Ioannidis standardized citation database. He is a Fellow of the Royal Society of Arts (FRSA).

Further information is available at: mconyon.com

Bio

Trustee Professor at Bentley University.  Senior Fellow at the Wharton School. Otto Mønsted Professor at Copenhagen Business School

PhD in Economics from Warwick University.  Previous faculty positions at Oxford University (UK), ESSEC Business School (France and Singapore), and the Wharton School (USA). 

Professional Memberships

  • Academy of Management 2000-01-01 - Present
  • American Accounting Assocaition 2000-01-01 - Present
  • American Economics Association 2000-01-01 - Present
  • Awards and Honors

  • Otto Mønsted Professorship, Copenhagen Business School
  • Elected Fellow of Royal Society of Arts (FRSA), Royal Society of Arts
  • Mee Family Prize, Bentley University
  • Senior Fellow, The Wharton School
  • Best Paper Award, Journal of Business Ethics
  • Elected Fellow of Royal Society of Arts (FRSA), Royal Society of Arts
  • Adam Smith Tassie Medallion Prize, University of Ulster
  • Scholarly Contributions and Creative Productions

    Journal Articles


  • Conyon, M. J., He, L. (2026). Communist Party Organizations in Chinese Firms. Review of Corporate Finance
  • Conyon, M. J., Peck, S., Wasson, T. (2026). Politicians on Boards and CEO Pay. Applied Economics Letters
  • Conyon, M. J. (2025). Burden-Sharing in NATO: Trends and Dispersion in Defense Spending, 1950--2024. Applied Economics Letters 1--6.
  • Conyon, M. J. (2025). Military Spending Elasticities in NATO: Cross-Country Responses to GDP Growth. Applied Economics Letters 1--5.
  • Conyon, M. J. (2025). The Russian Invasion of Ukraine and NATO Defense Spending: A Difference-in-Differences Analysis. Applied Economics Letters 1--5.
  • Conyon, M. J., Jeong, J., Thomsen, S. (2025). CEO Earnings: Evidence from Danish Twins. Economics Letters, (256) 112562.
  • Conyon, M. J., Jeong, J., Kleven, H., Thomsen, S. (2025). Firm Environment and Employee's Crime Rate: Evidence from Denmark. Applied Economics Letters 1--5.
  • Conyon, M. (2024). The gender gap in executive pay: insights from quantile regression. Applied Economics Letters (Link)
  • Conyon, M. J. (2023). Executive Compensation. Edward Elgar 47–52. (Link)
  • Conyon, M. J. (2022). Big Tech and Data Privacy. Cambridge Journal of Economics, (22-Dec) 46 1369–1385.
  • Conyon, M. J. (2022). Big Tech Oligopolies, Keith Cowling, and Monopoly Capitalism. Cambridge Journal of Economics, (22-Dec) 46 1205–1224.
  • Conyon, M. J., Zhang, Z., Fu, X., He, M. (2021). Broadcast Media and Asset Prices: The Effect of an Anti-Corruption Message in China. (In Progress)
  • Conyon, M. J., Thomsen, S., , . (2020). COVID-19 in Scandinavia. (In Progress)
  • Conyon, M. J., He, L., Thomsen, S. (2020). Lockdowns and COVID-19 deaths in Scandinavia.. Covid Economics 26 18-42.
  • Conyon, M. J., He, L., Chen, J. (2020). Signaling via Earnings Downgrades: How Reputational Concerns Shape Analyst Responses to Corporate Fraud?.. Corporate Governance: An International Review, (28) 240-263.
  • Conyon, M. J., , P. C., Almeda, D. (2020). Social exchange and the effects of employee stock options. Industrial and Labor Relations Review (ILRR), (73) 1 124-152.
  • Conyon, M. J. (2019). Do compensation consultants drive up CEO pay? Evidence from UK public firms.. 30 29-Oct.
  • Conyon, M. J., , Z. Z., Vergauwe, S. (2019). Foreign experience and CEO compensation.. Journal of Corporate Finance 57 102-121.
  • Conyon, M. J. (2018). Comments on two sides of CEO pay injustice: A power law conceptualization of CEO over and underpayment. Management Research: Journal of the Iberoamerican Academy of Management, (16) 1 107--116.
  • Fang, J., He, L., Conyon, M. J. (2018). The CEO Horizon Problem and Managerial Slack in China. Management and Organization Review 1--34.
  • Cappelli, P., Conyon, M. J. (2018). What Do Performance Appraisals Do?. ILR Review, (71) 1 88--116.
  • Conyon, M. J., He, L. (2017). Firm performance and boardroom gender diversity: A quantile regression approach. Journal of Business Research, (79) 198--211.
  • Cordeiro, J., He, L., Conyon, M. J., Shaw, T. (2016). Chinese executive compensation: the role of asymmetric performance benchmarks. The European Journal of Finance, (22) 6-Apr 484-505. (Link)
  • Conyon, M. J., He, L. (2016). Executive Compensation and Corporate Fraud in China. Journal of Business Ethics, (134) 4 669-691. (Link)
  • Conyon, M. J., He, L. (2016). CEO compensation in US financial institutions. Handbook on Corporate Governance in Financial Institutions 87.
  • Conyon, M. J., He, L., Zhou, X. (2015). Star CEOs or political connections? Evidence from China's publicly traded firms. Journal of Business Finance \& Accounting, (42) 4-Mar 412--443.
  • Conyon, M. J., He, L., Zhou, X. (2015). Star CEOs or Political Connections? Evidence from China's Publicly Traded Firms. Journal of Business Finance & Accounting, (42) 4-Mar 412-443. (Link)
  • Conyon, M. J., He, L. (2014). CEO turnover in China: The role of market-based and accounting performance measures. The European Journal of Finance, (20) 9-Jul 657--680.
  • Conyon, M. J. (2014). Executive compensation and board governance in US firms. The Economic Journal, (124) 574 F60--F89.
  • Conyon, M. J., He, L., Zhou, X. (2014). Superstar Chinese CEOs.
  • Conyon, M. J., He, L. (2014). CEO turnover in China: the role of market-based and accounting performance measures. The European Journal of Finance, (20) 9-Jul 657-680. (Link)
  • Conyon, M. J. (2014). Executive Compensation and Board Governance in US Firms. The Economic Journal, (124) 574 F60-F89. (Link)
  • He, L., Conyon, M. J., Fang, J. (2014). Do Chinese CEOs Consume Abnormal Perks Before Leaving Their Firms?. Academy of Management Proceedings, (2014) 1 10758-10758. (Link)
  • Cordeiro, J. J., He, L., Conyon, M. J., Shaw, T. S. (2013). Informativeness of performance measures and Chinese executive compensation. Asia Pacific Journal of Management, (30) 4 1031-1058. (Link)
  • Cordeiro, J. J., He, L., Conyon, M. J., Shaw, T. S. (2013). Informativeness of performance measures and Chinese executive compensation. Asia Pacific Journal of Management, (30) 4 1031--1058.
  • Conyon, M. J., He, L. (2012). 20 Executive compensation and pay for performance in China1. Research Handbook on Executive Pay 414.
  • Conyon, M. J., He, L. (2012). CEO Compensation and Corporate Governance in C hina. Corporate Governance: An International Review, (20) 6 575--592.
  • Conyon, M. J., Shipilov, A. (2012). Is There an Anglo-Saxon Model?. The Small Worlds of Corporate Governance 53.
  • Conyon, M. J. (2012). Managerial Compensation and Corporate Governance. Oxford University Press
  • Kogut, B. (2012). The small world of corporate governance: An introduction. The small worlds of corporate governance 1--51.
  • Conyon, M. J., He, L. (2012). CEO Compensation and Corporate Governance in China. Corporate Governance: An International Review, (20) 6 575-592. (Link)
  • Conyon, M. J., Judge, W. Q., Useem, M. (2011). Corporate governance and the 2008--09 financial crisis. Corporate Governance: An International Review, (19) 5 399--404.
  • Conyon, M. J. (2011). 13 Compensation committees and CEO pay. Handbook on International Corporate Governance: Country Analyses 297.
  • Conyon, M. J., Peck, S. I., Sadler, G. V. (2011). New perspectives on the governance of executive compensation: an examination of the role and effect of compensation consultants. Journal of Management \& Governance, (15) 1 29--58.
  • Conyon, M. J., Fernandes, N., Ferreira, M. A., Matos, P., Murphy, K. J. (2011). The executive compensation controversy: A transatlantic analysis.
  • Haushalter, D., Lowry, M., Cremers, K. M., Huang, R., Sautner, Z., Conyon, M. J., Core, J. E., Guay, W. R., Minnick, K. L., Unal, H., others, . (2011). The Review of Financial Studies. Studies, (24) 2
  • Conyon, M., Core, J., Guay, W. (2011). Are U.S. CEOs paid more than U.K. CEOs? Inferences from risk-adjusted pay. Review of Financial Studies, (24) 2 (Link)
  • Conyon, M. J., Core, J. E., Guay, W. R. (2010). Are US CEOs paid more than UK CEOs? Inferences from risk-adjusted pay. The review of financial studies, (24) 2 402--438.
  • Conyon, M. J., Peck, S. I., Sadler, G. V. (2010). Compensation consultants and executive pay. Corporate Governance: A Synthesis of Theory, Research, and Practice 285--302.
  • Conyon, M. J., Sadler, G. (2010). Shareholder voting and directors' remuneration report legislation: Say on pay in the UK. Corporate Governance: An International Review, (18) 4 296--312.
  • Muldoon, M., Conyon, M. J. (2010). Small worlds of ownership and control.
  • Conyon, M. J., Core, J. E., Guay, W. R. (2009). Are US CEOs Paid More than UK CEOs? Inferences from Risk-Adjusted Pay (CRI 2009-003).
  • Conyon, M. J., Peck, S. I., Sadler, G. V. (2009). Compensation consultants and executive pay: Evidence from the United States and the United Kingdom. Academy of Management Perspectives, (23) 1 43--55.
  • Conyon, M. J. (2009). Corporate Governance: Principles, Policies and Practices--By Bob Tricker. Corporate Governance: An International Review, (17) 3 405--406.
  • Conyon, M. J. (2008). Board Control, Remuneration Committees, and Top Management Compensation Martin J. Conyon and Simon I. Peck Source: Academy of Management Joumal, 41 (2)(1998): 146-157. Fundamentals of Corporate Governance, (253)
  • Conyon, M. J., He, L. (2008). CEO Turnover and Firm Performance in China’s Listed Firms (CRI 2009-012).
  • Conyon, M. J., He, L. (2008). Executive compensation and CEO equity incentives in China’s listed firms. ESSEC Business School
  • Conyon, M. J. (2008). Professor Morten Huse, Boards, governance and value creation: the human side of corporate governance. Corporate Governance: An International Review, (16) 2 132--132.
  • Conyon, M. J., Muldoon, M. R. (2008). Ranking the importance of boards of directors. Manchester Institute for Mathematical Sciences, University of Manchester
  • Conyon, M. J. (2007). Executive Compensation Consultants: Empirical Evidence from the United States and United Kingdom. Wo rking paper
  • Conyon, M. J., Read, L. E. (2006). A model of the supply of executives for outside directorships. Journal of Corporate Finance, (12) 3 645--659.
  • Conyon, M. J., Kuchinskas, D. (2006). Compensation committees in the United States. Handbook of International Corporate Governance, Cheltenham ua 151--169.
  • Conyon, M. J. (2006). Corporate governance in Singapore: a case study. International corporate governance: a case study approach 187.
  • Conyon, M. J. (2006). Executive compensation and incentives. Academy of Management Perspectives, (20) 1 25--44.
  • Conyon, M. J., Core, J. E., Guay, W. R. (2006). How high is US CEO pay? A comparison with UK CEO pay. Industrial Organization Abstracts: Firm Structure, Purpose, Organization \& Contracting, (7) 11.
  • Conyon, M. J., Florou, A. (2006). The pattern of investment surrounding CEO retirements: UK evidence. The British Accounting Review, (38) 3 299--319.
  • Conyon, M. J., Muldoon, M. R. (2006). The small world of corporate boards. Journal of Business Finance \& Accounting, (33) 10-Sep 1321--1343.
  • Bonet, R., Conyon, M. J. (2005). Compensation committees and executive compensation: evidence from publicly traded UK firms. Wiley
  • Inderst, R., Mueller, H. M. (2005). Keeping the board in the dark: CEO compensation and entrenchment.
  • Connon, H., Conyon, M., Cook, J. C., Cortina, A., Coutsoukis, P., Covey, J., Croft, J., Crystal, G., Curran, J., Daily, C., others, . (2004). 268• CORPORATE INTEGRITY AND ACCOUNTABILITY. Corporate Integrity and Accountability 267.
  • He, L., Conyon, M. J. (2004). CEO compensation, incentives, and governance in new enterprise firms. Journal of Derivatives Accounting, (1) 01 47--60.
  • Chang, E. C., Wong, S. M. (2004). Chief executive officer turnovers and the performance of China's listed enterprises.
  • Conyon, M. J., He, L. (2004). Compensation committees and CEO compensation incentives in US entrepreneurial firms. Journal of Management Accounting Research, (16) 1 35--56.
  • Conyon, M. J., Girma, S., Thompson, S., Wright, P. W. (2004). Do wages rise or fall following merger?. Oxford Bulletin of Economics and Statistics, (66) 5 847--862.
  • Conyon, M. J., Florou, A. (2004). Does governance quality mitigate horizon effects. Investment patterns surrounding CEO departures
  • Florou, A., Conyon, M. J. (2004). Does governance quality mitigate horizon effects? Investment patterns surrounding CEO departures.
  • Muldoon, M., Conyon, M. J. (2004). PageRanks for Boards of Directors.
  • Freeman, R., Conyon, M. J. (2004). Shared Modes of Compensation and Firm Performance: UK Evidence. Seeking a Premiere League Economy
  • Conyon, M. J., Muldoon, M. R. (2004). The small world network structure of boards of directors.
  • Pitts, M., Sadler, G., Conyon, M. J. (2003). Corporate boards and incentives: empirical evidence from the UK in 1935. Corporate Ownership and Control, (1) 1 136--146.
  • Conyon, M. J. (2003). Corporate governance: Cambridge[u. a.], Cambridge Univ. Press, 2000. Journal of economic literature, (41) 2 600--601.
  • Conyon, M. J., Florou, A. (2003). Does governance mitigate horizon problems. University of Pennsylvania
  • Freeman, R., Conyon, M. J. (2003). Firm Benefits from Share-Owning Workers. People Management, Volume 5
  • Conyon, M. J., Girma, S., Wright, P., Thompson, S. (2003). Multinationals and labour: evidence from the international acquisition of UK firms. Edward Elgar Publishing
  • Conyon, M. J. (2003). Perspectives on the Governance of Executive Compensation. Edward Elgar Publishing
  • Hallock, K. F., Madalozzo, R., Reck, C., Baker, G., Balan, D., Conyon, M. J., Core, J., Hall, B., Murphy, K., Oyer, P. (2003). Uncovering heterogeneity in managerial pay-firm performance relationships using quantile regression. CEP, (1323) 001
  • Conyon, M. J., He, L. (2002). Executive Compensation AND Equity Incentives IN THE US High Technology Industry.
  • Conyon, M. J., Freeman, R. B. (2002). Firm Benefits from Share Owning Workers. Financial Times Prentice Hall
  • Conyon, M. J., Murphy, K. J. (2002). Stock based compensation. Oxford University Press
  • Conyon, M. J., Mallin, C., Sadler, G. (2002). The disclosure of directors' share option information in UK companies. Applied Financial Economics, (12) 2 95--103.
  • Conyon, M. J., Girma, S., Thompson, S., Wright, P. W. (2002). The impact of mergers and acquisitions on company employment in the United Kingdom. European Economic Review, (46) 1 31--49.
  • Conyon, M. J., Girma, S., Thompson, S., Wright, P. W. (2002). The productivity and wage effects of foreign acquisition in the United Kingdom. The Journal of Industrial Economics, (50) 1 85–102.
  • Conyon, M. J., Girma, S., Thompson, S., Wright, P. W. (2002). The productivity and wage effects of foreign acquisition in the United Kingdom. The Journal of Industrial Economics, (50) 1 85--102.
  • Conyon, M. J., Florou, A. (2002). Top executive dismissal, ownership and corporate performance. Accounting and business research, (32) 4 209--225.
  • 撷英, . (2002). 一旦雇员像老板一样行动——公司得益于拥有股份的员工. 国外社会科学文摘 4 43--45.
  • Conyon, M., Girma, S., Thompson, S., Wright, P. (2001). Anderton, CH, see Carter, JR 83 Arai, M., Billot, A. and Lanfranchi, J., Learning by helping: a bounded rationality model of mentoring 113 Bester, H. and Sa\^Akovics, J., Delegated bargaining and renegotiation 459 Billot, A., see Arai, M. 113. Journal of Economic Behavior \& Organisation, (45) 475 476.
  • Conyon, M. J., Sadler, G. V. (2001). CEO compensation, option incentives, and information disclosure. Review of Financial Economics, (10) 3 251--277.
  • Conyon, M. J., Peck, S. I., Sadler, G. V. (2001). Corporate tournaments and executive compensation: Evidence from the UK. Strategic Management Journal, (22) 8 805--815.
  • Conyon, M. J., Girma, S., Thompson, S., Wright, P. W. (2001). Do hostile mergers destroy jobs?. Journal of Economic Behavior \& Organization, (45) 4 427--440.
  • Conyon, M., Peck, S. (2001). et SADLER, GV.(2001),“Corporate tournaments and executive compensation: evidence from the UK”. Strategic Management Journal, (22) 8.
  • Conyon, M. J., Sadler, G. V. (2001). Executive pay, tournaments and corporate performance in UK firms. International Journal of Management Reviews, (3) 2 141--168.
  • Conyon, M. J., Peck, S., Read, L. (2001). Performance pay and corporate structure in UK firms. European Management Journal, (19) 1 73--82.
  • Conyon, M. J. (2001). The disclosure of UK boardroom pay: the March 2001 DTI proposals. Corporate Governance: An International Review, (9) 4 276--285.
  • Conyon, M. J., Freeman, R. (2001). The Economic Effects of Employee Stake-Holding. Financial Times
  • Florou, A., Conyon, M. J. (2001). Top Executive Dismissal, Ownership and Corporate Performance.
  • Conyon, M. J. (2000). Discussion The Increasing Use of Non-Executive Directors: Its Impact on UK Board Structure and Governance Arrangements. Journal of Business Finance \& Accounting, (27) 10-Sep 1343--1348.
  • Conyon, M. J., Peck, S. I., Sadler, G. (2000). Econometric modelling of UK executive compensation. Managerial Finance, (26) 9 3--20.
  • Conyon, M. J., Schwalbach, J. (2000). Executive compensation: Evidence from the UK and Germany. Long Range Planning, (33) 4 504--526.
  • Conyon, M. J. (2000). Kevin F: Hallock and Kevin J. Murphy, The Economics of Executive Compensation (Volumes I \& II). ACCOUNTING AND BUSINESS RESEARCH, (30) 3 255--255.
  • Conyon, M. J., Gregg, P., Matchin, S. (2000). Taking care of business: Executive compensation in the United Kingdom. Tricker, RI (Ed.)
  • Conyon, M. J., Read, L. (2000). The CEO-to-employee pay gap: evidence from UK firms.
  • Young, S. (2000). The Increasing Use of Non-Executive Directors: Its Impact on UK Board Structure and Governance Arrangements. Journal of Business Finance \& Accounting, (27) 10-Sep 1311--1342.
  • Murphy, K., Conyon, M. J. (2000). The Prince and the Pauper: CEO Pay in the US and UK.
  • Conyon, M. J., Murphy, K. J. (2000). The prince and the pauper? CEO pay in the United States and United Kingdom. The Economic Journal, (110) 467 640–671.
  • Conyon, M. J., Murphy, K. J. (2000). The prince and the pauper? CEO pay in the United States and United Kingdom. The Economic Journal, (110) 467 640--671.
  • Conyon, M. J., Peck, S. I., Read, L. E., Sadler, G. V. (2000). The structure of executive compensation contracts: UK evidence. Long Range Planning, (33) 4 478--503.
  • Conyon, M. J., Gregg, P., Machin, S. (1999). 'Taking Care of Business: Executive Compensation in the United Kingdom', Economic Journal, 105, May, 704-14. INTERNATIONAL LIBRARY OF CRITICAL WRITINGS IN ECONOMICS, (103) 478--488.
  • Conyon, M. J. (1999). Change and Complementarities in the New Competitive Landscape: A European Panel Study.
  • Whittington, R., Pettigrew, A., Peck, S., Fenton, E., Conyon, M. J. (1999). Change and complementarities in the new competitive landscape: A European panel study, 1992--1996. Organization science, (10) 5 583--600.
  • Whittington, R., Pettigrew, A., Peck, S., Fenton, E., Conyon, M. J. (1999). Change and complementarities in the new competitive landscape: a European panel study, 1992–1996. Organization science, (10) 5 583–600.
  • Benito, A., Conyon, M. J. (1999). The governance of directors' pay: Evidence from UK companies. Journal of Management and Governance, (3) 2 117--136.
  • Mallin, C., Conyon, M. J. (1998). 'Directors' Share Options; Performance Criteria and Disclosure: Compliance with the Greenbury Report. ICAEW Research Board
  • Conyon, M. J., Peck, S. I. (1998). Board control, remuneration committees, and top management compensation. Academy of Management Journal, (41) 2 146–157.
  • Conyon, M. J., Peck, S. I. (1998). Board control, remuneration committees, and top management compensation. Academy of Management Journal, (41) 2 146--157.
  • Clarke, R. N., Conyon, M. J., Peck, S. I. (1998). Corporate governance and directors’ remuneration: views from the top. Business Strategy Review, (9) 4 21--30.
  • Conyon, M. J. (1998). Directors' pay and turnover: An application to a sample of large UK firms. Oxford Bulletin of Economics and Statistics, (60) 4 485--507.
  • Conyon, M. J., Nicolitsas, D. (1998). Does the market for top executives work? CEO pay and turnover in small UK companies. Small Business Economics, (11) 2 145--154.
  • Conyon, M. J., Peck, S. I. (1998). Recent developments in UK corporate governance. Britain’s economic performance 253--277.
  • Conyon, M., Peck, S. (1998). Board size and corporate performance: Evidence from European countries. International Journal of Phytoremediation, (21) 1 (Link)
  • Conyon, M. J., Mallin, C. A. (1997). A review of compliance with Cadbury. Journal of General Management, (22) 3 24--37.
  • Conyon, M. J. (1997). Corporate governance and executive compensation. International journal of industrial organization, (15) 4 493–509.
  • Conyon, M. J. (1997). Corporate governance and executive compensation. International journal of industrial organization, (15) 4 493--509.
  • Conyon, M. J. (1997). Institutional arrangements for setting directors’ compensation in UK companies. Corporate Governance: Economic, Management, and Financial Issues, ed. K. Keasey, S. Thompson, and M. Wright 103--121.
  • Conyon, M. J., Singh, R. (1997). Taking care of business: the politics of executive pay in the United Kingdom. Contemporary British History, (11) 4 1--20.
  • Conyon, M. J., Mallin, C. (1997). Women in the boardroom: Evidence from large UK companies. Corporate Governance: An International Review, (5) 3 112--117.
  • Conyon, M. J. (1995). Directors' pay in the privatized utilities. British Journal of Industrial Relations, (33) 2 159--171.
  • Conyon, M. J. (1995). Industry profit margins and concentration: evidence from UK manufacturing. International Review of Applied Economics, (9) 3 275--290.
  • Conyon, M. J., Gregg, P., Machin, S. (1995). Taking care of business: Executive compensation in the United Kingdom. The Economic Journal, (105) 430 704--714.
  • Conyon, M. J. (1994). Corporate governance changes in UK companies between 1988 and 1993. Corporate Governance: An International Review, (2) 2 87--100.
  • Conyon, M. J. (1994). Labour's share, market structure and trade unionism. International Journal of Industrial Organization, (12) 1 117--131.
  • Conyon, M. J., Gregg, P. (1994). Pay at the top: a study of the sensitivity of top director remuneration to company specific shocks. National Institute Economic Review, (149) 1 83--92.
  • Conyon, M. J. (1994). Tenure and contracts: the experience of UK CEOs. Personnel Review, (23) 5 25--33.
  • Conyon, M. J., Leech, D. (1994). Top pay, company performance and corporate governance. Oxford bulletin of Economics and Statistics, (56) 3 229--247.
  • Conyon, M., Leech, D. (1994). TOP PAY, COMPANY PERFORMANCE AND CORPORATE GOVERNANCE. Oxford Bulletin of Economics and Statistics, (56) 3 (Link)
  • Conyon, M. J. (1992). Income distribution, efficient bargaining and market structure. Economics Letters, (40) 2 181--185.
  • Krueger, Black Herbert Grubel Anne, ., Lloyd, P., McCawley, P., Martin, J., Snape, R., Williamson, J. (1992). THE SIMPLE CONCEPT AND TWO EXAMPLES. International trade theory and policy: selected essays of W. Max Corden 385.
  • Conyon, M. J., Machin, S. (1991). Market structure and the empirical specification of profit margins. Economics Letters, (35) 2 227--231.
  • Conyon, M. J., Machin, S. (1991). The determination of profit margins in UK manufacturing. The journal of industrial economics 369--382.
  • Goldenberg, I. F. (1990). Safety of temporary discontinuation of oral anticoagulation in patients with St. Jude prosthetic valve. J Am Coll Cardiol, (237)
  • Kindleberger, C., Kouri, P., Krueger, A., Krugman, P., HE, L., Levinson, S., Linder, S., Little, I., Lloyd, P., Madison, J., others, . (1982). Ramaswami, VK, 2, 118, 180 Randall Report, 352 Ray, EJ, 57. Import Competition and Response, (177) 178 403.
  • Conyon, M. J. Executive Compensation. (Forthcoming)
  • Conyon, M. The gender gap in executive pay: Insights from quantile regression.. Applied Economics Letters (Forthcoming)
  • Conyon, M. Crime and Firms: Evidence from Denmark.. Applied Economics Letters (Forthcoming)
  • Books


  • Conyon, M. J., He, L. (2025). Research Handbook on Corporate Governance in China Edward Elgar Publishing
  • Conyon, M. J., Thomsen, S. (2019). Corporate Governance and Board Decisions 415. Copenhagen: DjoForlag
  • Conyon, M. J. (2012). Executive Compensation: Governance and the Financial Crisis Oxford University Press (Link)
  • Book Chapters


  • Conyon, M. J., He, L. (2025). Introduction to Chinese Corporate Governance . Edward Elgar Publishing
  • Conyon, M. J., He, L. (2025). Leviathan's Grip: State Dominance in Chinese Corporate Governance . Edward Elgar Publishing
  • Conyon, M. J., He, L. (2013). Chinese Executive Compensation: Where Do We Stand? Developing China's Capital Market. Springer Nature (Link)
  • Conyon, M. J., He, L. (2013). Chinese executive compensation: where do we stand? Developing China‚Äôs Capital Market. Palgrave Macmillan, London
  • Conyon, M. J., Fernandes, N., Ferreira, M. A., Pedro, M., Murphy, K. J. (2013). The Transatlantic Pay Divide: Is Europe Catching Up? Executive Remuneration and Employee Performance-Related Pay. Oxford University Press (OUP) (Link)
  • Conyon, M. J. (2012). Executive Compensation: Governance and the Financial Crisis The Oxford Handbook of Capitalism.
  • Conyon, M. J., Shipilov, A. (2012). Is There an Anglo-Saxon Model? The Small Worlds of Corporate Governance. MIT Press - Journals (Link)
  • Conyon, M. (2011). Compensation Consultants and Executive Pay . (Link)
  • Conyon, M. J., Muldoon, M. R. (2008). Ownership and control: A small-world analysis Network Strategy. Emerald Group Publishing Limited
  • Conyon, M., Murphy, K. (2007). The prince and the pauper? Ceo pay in the United States and United Kingdom . (Link)
  • Card, D., Blundell, R., Freeman, R. B. (2004). Introduction to" Seeking a Premier Economy: The Economic Effects of British Economic Reforms, 1980-2000" Seeking a Premier Economy: The Economic Effects of British Economic Reforms, 1980-2000. University of Chicago Press
  • Conyon, M. J., Freeman, R. B. (2004). Shared modes of compensation and firm performance UK evidence Seeking a Premier Economy: The Economic Effects of British Economic Reforms, 1980-2000. University of Chicago Press
  • Conyon, M. J., Schwalbach, J. (2000). European differences in executive pay and corporate governance Corporate governance. Gabler Verlag, Wiesbaden
  • Conyon, M. J., Schwalbach, J. (1999). Corporate governance, executive pay and performance in Europe Executive compensation and shareholder value. Springer, Boston, MA
  • Conference Proceedings


  • He, L., Conyon, M. J., Fang, J. (2014). “Do Chinese CEOs Consume Abnormal Perks Before Leaving Their Firms?”
  • Conyon, M. J., He, L. (2010). “Executive compensation in China”
  • He, L., Conyon, M. J. (2008). “Managerial Compensation and Ownership of Listed Chinese Firms”
  • Conyon, M. (2000). “Discussion of the increasing use of non-executive directors: Its impact on UK board structure and governance arrangements”
  • Martin, J., Hewson, R., McCawley, P., others, . (1990). “Australia's Agricultural Aid Program: How Do We Benefit?”
  • Other Scholarly Work


  • Thomsen, S. (2023). Crime and Firms: Evidence from Denmark. (Forthcoming).
  • Conyon, M. J. (2023). Women in the Boardroom: The Current Landscape. .
  • Presentations


  • Conyon, M. J. (2023). “Crimes and Firms: Evidence from Denmark” Presented at the Copenhagen Business School Copehangen Business School Workshop Copenhagen
  • Conyon, M. J. (2022). “"Gender Differences in CEO Pay: A Quantile Regression Model"” Presented at the Copenhagen Business School Corporate Governance Research Workshop Copenhagen
  • (1964). “Gender Differences in US Executive Compensation” Presented at the Copenhagen Business School Copehangen Business School Workshop Copenhagen
  • Conyon, M. J. (2021). Presented at the American Economics Association Zoom
  • Conyon, M. J. (2021). “Lectures on Governance” Presented at the Copenhagen Business School Copenhagen Business School, Denmark, PhD Corporate Governance Denmark
  • Conyon, M. J. (2020). Presented at the 2020 Financial Management Association (FMA) Virtual Conference, Zoom (October, 2020)
  • Conyon, M. J. (2020). Presented at the 2nd Swiss Accounting Research Alpine Camp (SARAC), Andermatt, Switzerland (February, 2020)
  • Conyon, M. J. (2020). Presented at the 43nd European Accounting Association (EAA) Annual Congress, Bucharest, Romania (May, 2020, delayed due to COVID)
  • Conyon, M. J. (2020). Presented at the Bentley University (COVID-19 Presentation): Jay's Doctoral Program Seminar (December 2020)
  • Conyon, M. J. (2020). Presented at the Copenhagen Business School, Copenhagen, Denmark (January, 2020)
  • Conyon, M. J. (2019). Presented at the 5th International Corporate Governance Society (ICGS) Annual Conference, UK (October, 2019)
  • Service

    Service: Department


  • Committee Member for RMIT, Vietnam (promotion case) 1/1/21 - 12/31/21
  • Committee Member for Universidade Católica Portuguesa (UCP) 1/1/21 - 12/31/21
  • Committee Member for University College London, UCL, United Kingdom 1/1/21 - 12/31/21
  • Service: Public


  • for Fellow of the Royal Society of Arts (FRSA) 1/1/15 - Present
  • Service: Professional


  • Editorial Review Board Member for Corporate Governance: An International Review 1/1/10 - Present
  • Editorial Review Board Member for Journal of Business Finance and Accounting 1/1/10 - Present
  • Editorial Review Board Member for Long Range Planning 1/1/10 - Present
  • Editorial Review Board Member for Strategic Management Journal 1/1/10 - Present
  • Service: Ph.D. Advising


  • Supervisor 2020/04 - 2021/01
  • Supervisor, Committee Member 2020/04 - 2021/01
  • Supervisor 2015/04 - 2021/01
  • Supervisor 2015/04 - 2020/01
  • Service: University


  • for Director of PhD Programs 1/1/15 - 12/31/20
  • Member as PhD Director for University Research Council 1/1/15 - 12/31/20