Control and risk of CEO compensation
Autor: | Edelmira Neira Fontela, Carmen Castro Casal, María Dolores Álvarez-Pérez |
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Rok vydání: | 2008 |
Předmět: |
Executive compensation
ComputingMilieux_THECOMPUTINGPROFESSION business.industry Compensation (psychology) Control (management) ComputingMilieux_LEGALASPECTSOFCOMPUTING Accounting General Business Management and Accounting Competitive advantage GeneralLiterature_MISCELLANEOUS ComputingMilieux_MANAGEMENTOFCOMPUTINGANDINFORMATIONSYSTEMS Capital (economics) Business Chief executive officer |
Zdroj: | Corporate Ownership and Control. 6:372-381 |
ISSN: | 1810-3057 1727-9232 |
DOI: | 10.22495/cocv6i2c3p4 |
Popis: | This study analyses the influence of various characteristics of the Board of Directors on the control and risk of the compensation of the Chief Executive Officer (CEO). It also examines the effect on these variables of some of the CEO personal characteristics and of various contingencies of the firm. The results reveal that control of the CEO compensation is determined fundamentally by the CEO participation in the capital of the firm, while the level of risk of the CEO compensation package is higher when the firm is diversified and implements a proactive competitive strategy. |
Databáze: | OpenAIRE |
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