Cadman, Brian; Carter, Mary Ellen; Hillegeist, Stephen - In: Journal of Accounting and Economics 49 (2010) 3, pp. 263-280
We examine whether compensation consultants' potential cross-selling incentives explain more lucrative CEO pay packages using 755 firms from the S&P 1500 for 2006. Critics allege that these incentives lead consultants to bias their advice to secure greater revenues from their clients [Waxman,...