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reform that was introduced in Italy in 2011 to prevent interlocking directorships in the financial sector. Interlocking …
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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...
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We test under what circumstances boards discipline managers and whether such interventions improve performance. We …
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