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In the UK, the top executive remuneration policy is not geared towards the creation of value but compensation revisions are rather driven by changes in corporate size, measured by sales growth. This suggests that managing larger firms requires special managerial skills. Even in UK companies with...
Persistent link: https://www.econbiz.de/10010493782
Persistent link: https://www.econbiz.de/10010493783
This paper investigates whether investment spending of firms is sensitive to the availability of internal funds. Imperfect capital markets create a hierarchy for the different sources of funds such that investment and financial decisions are not independent. The relation between corporate...
Persistent link: https://www.econbiz.de/10010493784
Persistent link: https://www.econbiz.de/10010493785
Persistent link: https://www.econbiz.de/10001596226
Persistent link: https://www.econbiz.de/10001596232
This paper investigates whether investment spending of firms is sensitive to the availability of internal funds. Imperfect capital markets create a hierarchy for the different sources of funds such that investment and financial decisions are not independent. The relation between corporate...
Persistent link: https://www.econbiz.de/10010377540
In the UK, the top executive remuneration policy is not geared towards the creation of value but compensation revisions are rather driven by changes in corporate size, measured by sales growth. This suggests that managing larger firms requires special managerial skills. Even in UK companies with...
Persistent link: https://www.econbiz.de/10010377541
Persistent link: https://www.econbiz.de/10007488561
Persistent link: https://www.econbiz.de/10007488563