Sun, Fang; Wei, Xiangjing; Huang, Xue - In: Review of Accounting and Finance 12 (2013) 3, pp. 252-267
firm performance proxied by efficiency estimated from data envelopment analysis (DEA) of the US property‐liability (P … paper to use efficiency scores as proxies for firm performance to explore the relation between CEO compensation and firm … performance in the P&L insurance industry. Due to the nature of insurance business, using efficiency as a performance measurement …