Firm Characteristics, Shareholder Sophistication and the Incidence of a ‘First Strike’ Under the ‘Two Strikes’ Rule in Australia
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DOI: 10.1111/auar.12246
Abstract: To restrain ‘excessive’ executive pay, Australia introduced new legislation in 2011, commonly known as the ‘two strikes’ rule. This rule has predictable consequences for publicly listed firms and their directors. In this study, we investigate… read more here.
Keywords: firm; two strikes; incidence first; first strike ... See more keywords