CEO Compensation around Corporate Spinoffs
<p> Our study examines whether CEO compensation decreases in response to the reduction in firm size after a corporate spinoff. We find overall that CEO pay decreases subsequent to the spinoff, consistent with efficiency theory. However, the decrease is driven by the pay adjustment ac- companyi...
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| Language: | EN |
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State University of New York at Binghamton
2018
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| Online Access: | http://pqdtopen.proquest.com/#viewpdf?dispub=10620290 |