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earnings. When stock-based compensation motivates managers to share their private information with shareholders, it will … expedite the pricing of future earnings in current stock prices. In contrast, when equity-compensated managers attempt to …
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We examine whether pay differentials between the chief executive officer (CEO) and vice presidents (VPs) can be explained by firms’ strategic priorities. We find that firms that pursue prospector-type strategies have a larger CEO−VP difference in equity compensation. We argue that such a pay...
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We examine if a gender gap persists in executive compensation and if the composition and the determinants of executive … reveal that the gender gap in executive compensation is reducing essentially after the year 2000. Also, the factors that … and restricted stocks, than they pay to men. In terms of technology firms, we find that the gender differences in total …
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