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Incentive pay sensitivity to firm performance prior to anticipated CEO turnover

This study explores whether the sensitivity of CEO compensation to changes in firm performance depends on the CEO's likelihood of leaving the position. In a sample of 3180 US publicly-traded firms, we find that the sensitivity of bonus pay to firm performance is enhanced for a CEO who has reach...

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Detalles Bibliográficos
Autores principales: Chulkov, Dmitriy V., Barron, John M.
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier 2023
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC10684370/
https://www.ncbi.nlm.nih.gov/pubmed/38034637
http://dx.doi.org/10.1016/j.heliyon.2023.e22163