A comparison of CEO pay–performance sensitivity in privately-held and public firms

In this paper we study CEO contract design employing a unique dataset on privately-held and public firm CEO annual compensation over the period 1999–2011. We first show that CEOs in public firms are paid 30% more than CEOs in comparable privately-held firms. We further show that both private and pub...

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Bibliographic Details
Main Authors: Gao, Huasheng, Li, Kai
Other Authors: Nanyang Business School
Format: Article
Language:English
Published: 2016
Subjects:
Online Access:https://hdl.handle.net/10356/81582
http://hdl.handle.net/10220/39554
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Institution: Nanyang Technological University
Language: English