CEO–Employee Pay Gap, Productivity and Value Creation

CEO–Employee Pay Gap, Productivity and Value Creation

This study examines the effect of the CEO–employee pay gap on productivity and performance. Using extensive data of 751 constituents of the Standard and Poor’s (S&P) 1500 index between the years 1992–2016, we found a cubic relationship between salary differential and corporate productivity, with...

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Bibliographic Details
Main Authors: Wojciech Przychodzen, Fernando Gómez-Bezares
Format: Article
Language:English
Published: MDPI AG 2021-04-01
Series:Journal of Risk and Financial Management
Subjects:
productivity
pay gap
corporate governance
executive compensation
fairness
value creation
Online Access:https://www.mdpi.com/1911-8074/14/5/196

Internet

https://www.mdpi.com/1911-8074/14/5/196

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