haku: @journal_id 33 / yhteensä: 575
viite: 123 / 575
Tekijä: | Collins, M. Blackwell, D. Sinkey, J. Jr |
Otsikko: | The relationship between corporate compensation policies and investment opportunities: empirical evidence for large bank holding companies |
Lehti: | Financial Management
1995 : AUTUMN, VOL. 24:3, p. 40-53 |
Asiasana: | FINANCIAL MANAGEMENT BANKING HOLDING COMPANIES |
Kieli: | eng |
Tiivistelmä: | The paper investigates whether the firm's set of investment opportunities drives the amount and type of executive compensation plans of large bank holding companies. The authors examine intra-industry changes in compensation policy over a period of significant change in the investment-opportunity set , 1979 to 1985. The authors' empirical findings reveal that total real compensation and the ratio of incentive compensation-to-total compensation increased substantially at regional bank holding companies but remained stable at money-center bank holding companies. |
SCIMA