Chief Executive Compensation and Institutional Ownership
Department or Administrative Unit
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.
Zhong, K., et al. (2006). Chief executive compensation and institutional ownership. Review of Business Research, 6(5).
Review of Business Research
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