Przychodzen, Wojciech; Gómez-Bezares, Fernando - In: Journal of risk and financial management : JRFM 14 (2021) 5, pp. 1-17
This study examines the effect of the CEO-employee pay gap on productivity and performance. Using extensive data of 751 constituents of the Standard and Poor's (S&P) 1500 index between the years 1992-2016, we found a cubic relationship between salary differential and corporate productivity, with...
