This paper examines how different types of interactions with U.S. markets by non-U.S. firms are associated with higher level of CEO pay, greater emphasis on incentive-based compensation, and smaller pay gap with U.S. firms. Using a sample of CEOs of U.K. firms and using both broad...

Say on Pay legislations have become increasingly common over the past few decades, in tandem with more publicity around the compensation that is paid to executives/management of public companies. This publicity has, in turn, been driven largely by disclosure requirements imposed by the...