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This report is centered around three research questions on newspaper coverage and executive compensation in The Netherlands. 1) How has the coverage developed over the years? 2) How selective are newspapers in their coverage? And 3) What are the influences of newspaper coverage on executive...
Persistent link: https://www.econbiz.de/10013144319
managers move across firms. Does a firm hiring a good manager improve its performance? If yes is there some valuable knowledge … the manager has acquired and successfully diffused to the new firm? In order to answer these questions we use information … related to specific activities the manager was involved in when working for previous firms. More specifically, we use …
Persistent link: https://www.econbiz.de/10012964189
managers move across firms. Does a firm hiring a good manager improve its performance? If yes is there some valuable knowledge … the manager has acquired and successfully diffused to the new firm? In order to answer these questions we use information … related to specific activities the manager was involved in when working for previous firms. More specifically, we use …
Persistent link: https://www.econbiz.de/10011580556
This paper assesses whether reducing ‘readability' is an effective obfuscation strategy for influencing the level of shareholder say-on-pay voting dissent in firms with excessive CEO pay. Based on a sample of UK-listed firms, our results indicate that in cases of excessive CEO pay, a less...
Persistent link: https://www.econbiz.de/10012965319
The debate about the compensation of executives and directors is a discussion about incentives and agency costs. This article analyzes basic tools to reduce agency costs and also assesses the ongoing debate about the future regulation of the compensation of executives and directors. It draws...
Persistent link: https://www.econbiz.de/10014180330
We test for the role of homophily in the appointments of CEOs in India by empirically examining the preference for same caste/religion CEOs by the largest firms. We find that caste/religion plays an important role in CEO selection. However, the evidence is not consistent with its use as a...
Persistent link: https://www.econbiz.de/10012931054
We investigate how luck, namely, changes in a firm’s performance beyond the CEO’s control, affects strategic risk-taking. Fusing upper echelons theory with insights from psychology and behavioral strategy research, we hypothesize that there is a positive association between luck and...
Persistent link: https://www.econbiz.de/10013405406
Persistent link: https://www.econbiz.de/10013530839
In this paper I exploit a unique feature of the Greek institutional environment, whereby alternative cash compensation payments to directors are taxed differently from the point of view of both personal and corporate taxes. Board directors can receive cash compensation either in the form of...
Persistent link: https://www.econbiz.de/10013158167
Prodded by economists in the 1970s, corporate directors began adding stock options and bonuses to the already-generous salaries of CEOs with hopes of boosting their companies' fortunes. Guided by largely unproven assumptions, this trend continues today. So what are companies getting in return...
Persistent link: https://www.econbiz.de/10013050084