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Capital-skill complementarity and the immigration surplus

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Labor income and predictable stock returns

Santos, Tano; Veronesi, Pietro - In: The review of financial studies 19 (2006) 1, pp. 1-44

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The myth of executive compensation : do shareholders get what they pay for?

Bayless, Mark E. - In: Applied financial economics 19 (2009) 10/12, pp. 795-808

We use compensation data for a sample of 701 US public firms and document a significant positive relation between the level of executive compensation and the subsequent realized stock returns. In present value terms, shareholders in firms incurring a total compensation cost of $78 million above...

Persistent link: https://www.econbiz.de/10003856638