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Strategic Change, Multi-Task Managers and Executive Compensation
Strategic Change Multi-Task Managers Executive Compensation
2010/11/5
There is common consensus that executive compensation is strongly tied to firm size and much less so to financial performance. One suspects that observed strategic change in corporations may have an e...
Agency and Corporate Investment: The Role of Executive Compensation and Corporate Governance
Agency and Corporate Investment Executive Compensation Corporate Governance
2014/5/27
How do shareholder-manager conflicts affect corporate investment? According to the agency theory of the firm, shareholders design executive compensation contracts ex ante to minimize agenc...