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The Response of Deferred Executive Compensation to Changes in Tax Rates

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NBER2015-09-01 更新2025-01-04 收录
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Given the increasing use of stock options in executive compensation, we examine how taxes influence the choice of compensation and document that income deferral is an important margin of adjustment in response to tax rate changes. To account for this option in the empirical analysis, we explore

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2015-09-01
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