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Published in 2021 at "Accounting and Finance"
DOI: 10.1111/acfi.12815
Abstract: We examine the impact of independent directors’ reputations on executive pay-performance sensitivity. Using hand-collected data from listed Chinese companies from 2012 to 2017, we find a positive association between independent directors’ reputations and pay-performance sensitivity…
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Keywords:
independent directors;
influence pay;
pay performance;