Allgood, Sam; Farrell, Kathleen A.; Kamal, Rashiqa - In: Journal of Corporate Finance 18 (2012) 5, pp. 1051-1064
Are CEO initial compensation packages based on variations in the expected match quality of the hiring firms? Using CEO tenure as a proxy for expected match quality, and a sample of CEO turnovers between 1992 and 2006, we find that CEOs that experience good matches, defined as tenures exceeding...