The Frequency of Say-on-Pay Vote, Shareholder Value, and Corporate Governance: Initial Evidence from the U.S. Firms

• المؤلفون الرئيسيون: LI, Na, Gus, DeFranco
• التنسيق: text
• اللغة: English
• منشور في: Institutional Knowledge at Singapore Management University 2015
• الموضوعات: Accounting; Business Law, Public Responsibility, and Ethics; Corporate Finance
• الوصول للمادة أونلاين: https://ink.library.smu.edu.sg/soa_research/1415

In this study, I examine (1) the market reaction to the shareholders’ decision on the frequency of the say-on-pay vote, and (2) the relation between such decision and firms’ existing corporate governance structures. When firms released the results of shareholders’ frequency vote in Form 8-K, I find...