Network connections, CEO compensation and involuntary turnover: The impact of a friend of a friend
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DOI: 10.1016/j.jcorpfin.2017.05.001
Abstract: We show that hard to observe, indirect connections between a CEO and “independent” board members are associated with higher CEO compensation. While we find this result for the “friend of a friend” connection, we do… read more here.
Keywords: connections ceo; friend friend; ceo compensation; compensation ... See more keywords