Do CEOs Set Their Own Pay? The Ones Without Principals Do
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https://www.nber.org/papers/w7604
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资源简介：
We empirically examine two competing views of CEO pay. In the contracting view, pay is used to solve an agency problem: the compensation committee optimally chooses pay contracts which give the CEO incentives to maximize shareholder wealth. In the skimming view, pay is the result of an agency
提供机构：
美国国家经济研究局
创建时间：
2000-03-01
