Chief Executive Compensation and Institutional Ownership

Department or Administrative Unit

Accounting

Document Type

Article

Author Copyright

Copyright © 2006 IABE

Publication Date

2006

Journal

Review of Business Research

Abstract

In this study the impact of institutional ownership is explored on the structure of CEO compensation. Evidences indicate that large increases in institutional ownership significantly reduce the level of CEO compensation and compensation risk. However, no significant evidence shows that the CEO pay-for-performance sensitivity is affected by institutional holdings.

Comments

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