Growth through Rigidity: An Explanation for the Rise in CEO Pay
收藏数据链接：
官方服务：
资源简介：
The dramatic rise in CEO compensation during the 1990s and early 2000s is a longstanding puzzle. In this paper, we show that much of the rise can be explained by a tendency of firms to grant the same number of options each year. Number-rigidity implies that the grant-date value of option awards will
提供机构：
美国国家经济研究局创建时间：
2016-02-01
