Baixauli-Soler, J. Samuel; Lozano-Reina, Gabriel; … - In: Management Decision 59 (2020) 6, pp. 1333-1362
Purpose: The purpose of this paper is to analyze the influence of managerial discretion on the effectiveness of say on pay (SOP) as a governance mechanism. This goal covers an important gap since the issue of how effective SOP is in promoting more aligned compensation has proved somewhat...