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Executive compensation : facts

Clementi, Gian Luca; Cooley, Thomas F. - 2010 - This version: October 6, 2009

In this paper we describe the important features of executive compensation in the US from 1993 to 2006. Some confirm what has been found for earlier periods and some are novel. Notable facts are that: the compensation distribution is highly skewed; each year, a sizeable fraction of chief...