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Showing 1 to 1 of 1 for “"pay-volatility sensitivity"”.

  1. Effect of executive compensation on firm performance

    … paper finds evidence that the equity-based CEO pay is positively related to firm performance and risk-taking. Both stock price and operating performance as well as firm's riskiness increase in the pay-performance sensitivities (PPS) provided by CEO stock options and stock holdings. PPS can …

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