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I examine CEO compensation in outsourcing firms, using a new database of purchase obligations from firm 10-Ks. I find … that the intensity of outsourcing can significantly explain the variations in CEO compensation; the more the firms do … outsourcing, the more they pay to their CEOs. Outsourcing firms promote managerial risk-taking by using proportionally more equity …
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This technical paper analyses the role of business services in selected OECD and non-OECD economies using recently published input-output tables for 32 countries in or close to the year 2000. Business services have long been recognised as important drivers in the global economy, and this study...
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