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CEO Pay and the rise of Relative Performance Contracts: A Question of Governance?

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NBER2016-07-01 更新2025-01-04 收录
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Would moving to relative performance contracts improve the alignment between CEO pay and performance? To address this we exploit the large rise in relative performance awards and the share of equity pay in the UK over the last two decades. Using new employer-employee matched datasets we find that

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2016-07-01
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