This paper examines the crucial question of whether chief executive officer (CEO) power and corporate governance (CG) structure can moderate the pay-for-performance sensitivity (PPS) using a large up-to-date South African dataset. Our findings are three-fold. First, when direct links between...

This paper investigates the association between executive compensation and performance. It uniquely utilizes a comprehensive set of corporate governance mechanisms within a three-stage least squares (3SLS) simultaneous equation framework. Results based on estimating a conventional single...

"The president of Joe Gibbs Racing-the winningest team in NASCAR history-shares the secrets of succeeding in business and in life. In NASCAR, as in life, the difference between winning and losing often comes down to being in the right place at the right time and making the most of every...