In this paper, I examine determinants and trends in top executive compensation in Israeli publicly traded firms between the years 1995–2018. I find a large increase in executive compensation in the earlier period of the sample culminating in 2007, especially in financial firms. Between 2008...

We examine CEO compensation, CEO retention policies, and M&A decisions in firms where founders serve as a director with a non-founder CEO (founder-director firms). We find that founder-director firms offer a different mix of incentives to their CEOs than other firms. Pay for performance...

Executive compensation is determined in a competitive market, and small differences in skills lead to large variations in the compensation levels. While past research has predominantly focused on the distinction between general and specific managerial skills, little is known as to whether and...