Showing 1 - 10 of 15
Persistent link: https://www.econbiz.de/10002759652
Persistent link: https://www.econbiz.de/10003853089
Persistent link: https://www.econbiz.de/10003259930
Persistent link: https://www.econbiz.de/10002993962
Persistent link: https://www.econbiz.de/10002978692
Persistent link: https://www.econbiz.de/10003265334
This paper examines both empirically and theoretically the growth of U.S. executive pay during the period 1993-2003. During this period, pay has grown much beyond the increase that could be explained by changes in firm size, performance and industry classification. Had the relationship of...
Persistent link: https://www.econbiz.de/10012767553
Using campaign contributions to measure CEO's political connections, we find that a one standard deviation increase in political connections is associated with a 9% increase in CEOs' annual compensation and a 17% decrease in his pay-performance sensitivity. Political rents increase with the...
Persistent link: https://www.econbiz.de/10012840292
We study the extent to which decisions to expand firm size are associated with increases in subsequent CEO compensation. Controlling for past stock performance, we find a positive correlation between CEO compensation and the CEO's past decisions to increase firm size. This correlation is...
Persistent link: https://www.econbiz.de/10012466785
This paper examines both empirically and theoretically the growth of U.S. executive pay during the period 1993-2003. During this period, pay has grown much beyond the increase that could be explained by changes in firm size, performance and industry classification. Had the relationship of...
Persistent link: https://www.econbiz.de/10012467236