Shin, Jae Yong; Kang, Sung-Choon; Hyun, Jeong-Hoon; … - In: ILR Review 68 (2015) 1, pp. 53-78
The authors examine factors influencing the executive pay multiple (executive-employee pay disparity) and its effects on performance. Using unique data from Korea, where all publicly listed firms are required to provide detailed information on average employee pay in their annual reports, they...