Business, Management and Accounting
7 years ago

Foreign experience boosts CEO pay, impacting global corporate governance dynamics.

Essays on CEO compensation and corporate governance
Zhifang Zhang

Paper Summary

The article explores CEO pay and corporate governance. It shows that having compensation consultants can increase CEO pay and equity-based incentives, but this effect disappears when considering other factors. Good governance doesn't change this. Foreign CEOs and those with foreign experience get higher pay, especially in globalized firms, due to their specialized skills and networks.

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