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, Investitionsplanung und Unternemensbewertung im Mehrperioden-Fall -- Bewertungs- und Planungskalküle im Licht der Kapitalmarkttheorie …
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We investigate an emerging pay-performance activism under a natural setting of performance-focused shareholder proposals rule (PSPs) (Rule 14a-8) established by the Securities and Exchange Commission (SEC) for top management compensation. We find that: (1) PSP sponsors successfully identify...
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