HIGHLIGHTS
- who: Chenli Yin from the Institutions have published the research: Institutional change of compensation policy and its impact on CEO turnover and firm performance, in the Journal: (JOURNAL)
- what: The study investigates the influence of institutional change of pay practice on corporate governance, taking a new compensation policy as an exogenous source of valuation in executive compensation. The authors examine the contingent effects of CEO pay level, a firm's market share, and high-tech intensity on the relationships examined in the research questions. The authors propose a positive relationship between new pay policy adoption . . .
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