Jiraporn, Pornsit; Kittiakarasakun, Jullavut; … - In: Review of Applied Economics 08 (2012) 1
Motivated by agency theory, this study attempts to ascertain whether chief executive compensation is influenced by … agency conflicts. Agency costs, in turn, affect CEO compensation. Thus, we contend that Delaware law influences CEO pay … firms pay their CEOs significantly more generously than do non-Delaware firms (about 36% higher in total compensation …