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CEO Pay and Firm Performance: Dynamics, Asymmetries, and Alternative Performance Measures

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NBER1994-12-01 更新2025-01-04 收录
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This study explores the dynamic structure of the pay-for- performance relationship in CEO compensation and quantifies the effect of introducing a more complex model of firm financial performance on the estimated performance sensitivity of executive pay. The results suggest that current compensation

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1994-12-01
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