Journal Article Period and Velocity as Statistical Concepts Get access K. A. Gordon K. A. Gordon University of California, Berkeley Search for other works by this author on: Oxford Academic Google Scholar The Quarterly Journal of Economics, Volume 55, Issue 2, February 1941, Pages 306–313, https://doi.org/10.2307/1882064 Published: 01 February 1941

I. The problem, 455. — II. Sample and data: 149 out of 200 largest (1929) non-financial firms for which data are available, 457; basis for selecting executives for study, 457; sources and quality of data, 458. — III. Stockholdings: value and dividends, 460. — IV. Executive compensation, 465. — V. The various incentives compared, 466. — VI. Summary and conclusion, 470.

I. Scope of the study and nature of the data, 367.—II. The extent of management ownership, 372.— Ownership by directors and operating executives, 376.—III. Ownership of the remaining voting stock, 379.— IV. Analysis of outside holdings separately, 383.— Problems of intercorporate ownership, 385.— V. Analysis of holdings by management and outside groups combined, 388.— VI. Proportion of all stock outstanding held by control groups, 390.— VII. Summary and conclusions, 396.

I. Nature of data and of sample: 1. The SEC data on stock ownership, 622; 2. Choice of companies in sample, 624; 3. Limitations of the data, 628. — II. Proportion of stock outstanding owned by management: 1. Percentage of stock owned by management groups, 631; 2. The relation between total percentage holdings and size of management groups, 633; 3. The relation between percentage holdings and size of company, 635. — III. The market value of stock owned by management: 1. Individual value-holdings of leading executives, 640; 2. Average value-holdings of management groups, 644; 3. The relation between average value-holdings and size of firm, 650. — IV. Summary and conclusions, 650.