GIRMA, SOURAFEL; THOMPSON, STEVE; WRIGHT, PETER W. - In: Economica 73 (2006) 290, pp. 321-339
We examine the impact of mergers and acquisitions on the remuneration of CEOs in the UK from 1981 to 1996. We find that CEO pay is not strongly related to company performance. In contrast, increases in firm size do have a significant impact. There is also evidence that acquisitions offer CEOs...
