search query: @indexterm Chief executive officers / total: 802
reference: 265 / 802
| Author: | Hallock, K. |
| Title: | Reciprocally interlocking boards of directors and executive compensation |
| Journal: | Journal of Financial and Quantitative Analysis
1997 : SEP, VOL. 32:3, p. 331-344 |
| Index terms: | COMPENSATION CHIEF EXECUTIVE OFFICERS COMPANIES |
| Language: | eng |
| Abstract: | Is executive compensation influenced by the composition of the board of directors? About 8% of chief executive officers (CEOs) are reciprocally interlocked with another CEO - the current CEO of firm A serves as a director of firm B and the current CEO of firm B serves as a director of firm A. Roughly 20% of firms have at least one current or retired employee sitting on the board of another firm and vice versa. The author investigates how these and other features of board composition affect CEO pay by using a sample of 9,804 director positions in America's largest companies. |
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