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Are over-paid Chief Executive Officers better innovators?
This paper focuses on the pay level of the highest paid executive directors, which we label as “Executive Director’s Organizational Level” (henceforth EDOL), to raise the question if highest paid CEOs invest heavily in innovative projects. Two-stage least squares (2SLS) regressions show that over-pa...
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Publicado no: | Journal of Economics, Finance and Administrative Science |
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Autor principal: | |
Formato: | Artigo |
Idioma: | Inglês |
Publicado em: |
Universidad ESAN
2013
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Assuntos: | |
Acesso em linha: | https://www.redalyc.org/articulo.oa?id=360733615003 |
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