Managerial Power and Rent Extraction in the Design of Executive Compensation
收藏NBER2002-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w9068
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资源简介：
This paper develops an account of the role and significance of managerial power and rent extraction in executive compensation. Under the optimal contracting approach to executive compensation, which has dominated academic re-search on the subject, pay arrangements are set by a board of directors
提供机构：
美国国家经济研究局
创建时间：
2002-07-01
