The Relationship between Corporate Compensation Policies and Investment Opportunities: Empirical Evidence for Large Bank Holding Companies (original) (raw)
The Relationship between Corporate Compensation Policies and Investment Opportunities: Empirical Evidence for Large Bank Holding Companies
Financial Management, 1995
Abstract
* The existence and determinants of an optir policy for compensating top executives ar< issues in corporate finance. This paper investif the firm's set of investment opportunities amount and type of executive compensation investment-opportunity set potentially affects agency ...
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