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investigating how firms adjust their executive compensation contracts as the environment in which they operate becomes relatively …-based component of bank CEO compensation contracts. We also examine the relationships between equity- based compensation and risk …, the equity- based component of bank CEO compensation increases significantly on average for the industry. Additionally, we …
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"This study presents evidence that the correlation in brothers' earnings has risen in recent decades. We use two distinct cohorts of young men from the National Longitudinal Surveys and estimate that the correlation in earnings between brothers rose from 0.26 to 0.45. This suggests that family...
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