Board interlock networks and the use of relative performance evaluation

• Main Authors: HAO, Qian, HU, Nan, LIU, Ling, Yao, Lee J.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: Board interlock network; CEO compensation; Relative performance evaluation (RPE); Corporate Finance; Databases and Information Systems; Finance and Financial Management
• Online Access: https://ink.library.smu.edu.sg/sis_research/8017; https://ink.library.smu.edu.sg/context/sis_research/article/9020/viewcontent/Board_interlock_networks_av.pdf
• Institution: Singapore Management University

Purpose - The purpose of this paper is to explore how networks of boards of directors affect relative performance evaluation (RPE) in chief executive officer (CEO) compensation. Design/methodology/approach - In this study, the authors propose that an interlocking network is an important inter-corpor...