Incentivizing CEOs via pay and forced turnover: Do tenure and managerial ability matter?
Direct pay and dismissal for poor performance are important instruments to incentivize CEOs. I empirically analyze how the use of them depends on tenure and managerial ability. For managers promoted from within a firm, ability is proxied by age at the time of promotion. For outside hires, I use cons...
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| Format: | Article |
| Language: | English |
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General Association of Economists from Romania
2023-03-01
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| Series: | Theoretical and Applied Economics |
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| Online Access: |
http://store.ectap.ro/articole/1640.pdf
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