The interaction effects of CEO power, social connections and incentive compensation on firm value
We study the relation between company value and the interplay between CEO power, CEO equity incentives and the friendliness of the board of directors. Following Bebchuk, Cremers and Peyer (2011), we measure CEO power as the proportion paid to the CEO of the total compensation paid to the top five ex...
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Main Authors: | , , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2015
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Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5214 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6213/viewcontent/SSRN_id2594993.pdf |
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Institution: | Singapore Management University |
Language: | English |