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This study investigates the relationship between firms' competition, wage, CEOs' characteristics, and firm performance … and firm performance. For financial firms, the age of a firm and average wage per employee are negatively associated with …
Persistent link: https://www.econbiz.de/10012022202
pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
Persistent link: https://www.econbiz.de/10011976604
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pay and performance. To the extent that product-market competition can affect the incentive schemes offered by firms to … their executives, the analysis of the effects of competition on the structure of compensation may be informative for policy …
Persistent link: https://www.econbiz.de/10011427661
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In recent years, a large academic debate has tried to explain the rapid rise in CEO pay experienced over the past three decades. In this article, I review the main proposed theories, which span views of compensation as the result of a competitive labor market for executives to theories based on...
Persistent link: https://www.econbiz.de/10003790763