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Explaining The International CEO Pay Gap: Board Capture Or Market Driven?
(Vanderbilt Law Review, 2004)
If we look at convergence through the lens of the Risk Adjustment Theory, then international pay convergence will only occur if U.S. and foreign CEOs' firm-specific risk levels converge. Empirically, this is a difficult ...
An Empirical Analysis of CEO Employment Contracts: What Do Top Executives Bargain For?
(Washington & Lee Law Review, 2006)
In this paper, we examine the key legal characteristics of 375 employment contracts between some of the largest 1500 public corporations and their Chief Executive Officers. We look at the actual language of these contracts, ...