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Research review on director pay

Abstract

Members of the board of directors are charged with setting executive pay, and the way they compensate themselves may provide valuable information for understanding executive compensation (Yermack, 2004; Ryan and Wiggins, 2004) and other firm outcomes. Research on director pay is still in its infancy. Compared to the vast amount of research conducted on executive pay, academics have long shown relatively little interest in understanding how non-executive board members are getting paid and what effects their compensation has on the firm.

Keywords

Executive Compensation Director Compensation Board Compensation Excess Compensation Equity Compensation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Deutscher Universitäts-Verlag | GWV Fachverlage GmbH, Wiesbaden 2006

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