Asthana, Sharad; Ye, Zhongxia - In: International Journal of Accounting, Auditing and … 4 (2007) 1, pp. 111-126
Prior research documents that gains from non-recurring transactions flow through to CEOs' compensation, but that losses from non-recurring transactions do not. This paper extends extant literature by exploring the determinants of this phenomenon. We provide evidence that the prior findings of...