Capital Structures and Compensation Policies.

We study the interations between leverage, employment structure and compensation policies within firms. Recent works have shown that there exists heterogeneity in compensation policies across firms (Abowd, Kramarz and Margolis, 1999 and Margolis, 1996). We introduce firms' capital structure in order to explain part of this heterogeneity.

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Year of publication:	1999
Authors:	Dachraoui, K. ; Dionne, G.
Institutions:	Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor.
Subject:	EMPLOYMENT \| ADVERSE SELECTION \| WAGES \| BUSINESS FINANCING

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Series:	Paris X - Nanterre, U.F.R. de Sc. Ec. Gest. Maths Infor..
Type of publication:	Book / Working Paper
Notes:	26 pages
Classification:	D80 - Information and Uncertainty. General ; G32 - Financing Policy; Capital and Ownership Structure ; J33 - Compensation Packages; Payment Methods
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005618898