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Data breaches are becoming increasingly pervasive and costly to firms. Prior and recent studies on the consequences of disclosed data breaches primarily focus on the direct effects on the breached firms. We undertake a different approach by studying the spillover effects from breached customer...
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We examine the effect of technology spillovers on the duration of executive compensation contracts. We find that in the presence of greater technology spillovers, firms tend to grant longer duration compensation contracts to their executives. This finding is consistent with theoretical...
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