Determinants of executive compensation in privately held firms


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Determinants of executive compensation in privately held firms

Show simple item record Banghøj, Jesper en_US Petersen, Christian en_US Plenborg, Thomas en_US 2009-02-04T10:24:35Z 2009-02-04T10:24:35Z 2008-12-16T00:00:00Z en_US
dc.description.abstract We examine what determines executive compensation in privately held firms. Our study is motivated by the fact that most studies in this area rely on data from publicly traded firms. Further, the few studies that are based on data from privately held firms only examine a limited number of determinants of executive compensation. Previous studies also assume that the quality of compensation contracts is identical across executives. Based on unique data from our survey we create a quality index on each executive’s bonus plan. We conjecture that the pay to performance relation is stronger for better designed bonus plans. en_US
dc.format.extent 32 s. en_US
dc.language eng en_US
dc.relation.ispartofseries Working paper;2008-02 en_US
dc.title Determinants of executive compensation in privately held firms en_US
dc.type wp en_US
dc.accessionstatus modt08dec16 nijemo en_US
dc.contributor.corporation Copenhagen Business School. CBS en_US
dc.contributor.department Institut for Regnskab og Revision en_US
dc.contributor.departmentshort RR en_US
dc.contributor.departmentuk Department of Accounting and Auditing en_US
dc.contributor.departmentukshort AA en_US
dc.idnumber x656558996 en_US København en_US
dc.publisher.year 2008 en_US

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