The liability and compensation for the damage caused by maritime oil spills have been regulated by the 1992 … Oil Pollution Compensation Fund Convention (1992 IOPC Fund). In this compensation regime, the contributions of oil firms … this paper, we present the main characteristics of such a compensation regime and explain why oil firms would benefit from …

investments such as R&D, acquisitions, and change in assets. It appears that the positive relationship between investment and …

and strategy relate to the use of management compensation systems after privatization. A multiple-case study in five … impact on firm strategy after privatization. Finally, compensation system design clearly aligns with firm strategy after …

of corporate governance. Findings – Our most important result is that the observed trade-off between CEO compensation and … informed trading holds only for large firms. There is no correlation between CEO cash compensation and the risk of informed … compensation and informed trading merits closer examination. Practical implications – Limitations on insider trading, and more …

Purpose – The purpose of this paper is to investigate the economic determinants of compensation committee quality …. Design/methodology/approach – Sample firms were selected from the IRRC Directors' database. Compensation committee quality is … measured as the factor score from a principal component analysis of six compensation committee characteristics. Regression …

Purpose – The purpose of this paper is to examine how board compensation and holdings are related to mutual fund … expense ratios. Previous studies find that compensation and expense ratios are positively correlated and argue that this … compensation and fees. Findings – The results provide additional support for potential rent sharing between fund managers and …

investor confidence in the transition countries and attract foreign direct investment. …

engage in mergers and acquisitions to increase their compensation. Design/methodology/approach - Regression tests using CEO … compensation as the dependent variable, and CEO duality, firm size and firm performance as independent test and control variables …. Findings - The results indicate that for merging firms CEO compensation is positively associated with firm size. However, this …

, compensation, and board independence. We also document increases in the volatility of insurance stock returns during the financial …