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Corporate governance literature suggests that the relationship between CEO effort and outcomes such as firm performance is highly uncertain due to the influence of numerous organizational and environmental contingencies that are outside CEOs control. The major focus of this study is to determine...
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.0 software. This study partially found that director pay slice and the existence of a remuneration committee are positively and … director pay slice and remuneration committees tend to have a better level of performance because the presence of a … remuneration committee helps to align the relationship between the director pay slice and firm financial performance. This study …
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This paper provides a brief review of the state of knowledge in the field of agency theory. The managerial power approach assumes that a chief executive officer is able to affect the scale of his or her pay. However, Kaplan (2012) and others see a different picture of the corporate-governance...
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