with these numbers is that they are static and do not reflect how pay changes with performance. Activist fund ValueAct … relation between pay and performance?• Are large “minimum” payments indicative of managerial abuse?• What insights does this …

compensation has a negative association with future firm operating performance. However, significant variation in CEO talent and … future performance is mitigated when the firm has a high level of CEO talent, and exacerbated when the firm has low … talent motivations explain more of the variation in the future performance implications of peer-group choice than corporate …

firm that pays dividends. For young firms, poor performance permanently raises the termination threshold, as doing so …