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Directors' remuneration has always been a controversial topic, in the court of public opinion the verdict seems to be that they are overpaid and this has led to a feeling of injustice. However misplaced this opinion is bearing in mind that most of the public may be guilty of looking at the value...
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This study presents an integrated investigation into the factors affecting executive ownership, the market value of the finn, and executive compensation by explicitly incorporating the simultaneity of the process determining these variables into the empirical estimation, Overall, the results of...
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governance policies, such as managerial pay, and curbing competition. We study a model where managers can exert unobservable cost …
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