Two Essays on Cash Holdings: The Compensation Benefits of Corporate Cash Holdings and the Impact of Cash Holdings Volatility on Firm Value
Corporate cash holdings have a significantly positive impact on executive compensation, distinct from the well-documented relation between performance and compensation. An increase of cash holdings by 10% of assets corresponds to about $2.7 million additional CEO total compen...
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| Format: | Others |
| Language: | English English |
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Florida State University
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| Online Access: | http://purl.flvc.org/fsu/fd/FSU_2016SP_Shipe_fsu_0071E_13034 |