How Important are Dismissals in CEO Incentives? Evidence from a Dynamic Agency Model
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- Pakes, Ariel & Pollard, David, 1989. "Simulation and the Asymptotics of Optimization Estimators," Econometrica, Econometric Society, vol. 57(5), pages 1027-1057, September.
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- Gian Luca Clementi & Thomas Cooley, 2023.
"CEO Compensation: Facts,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 50, pages 6-27, October.
- Gian Luca Clementi & Thomas Cooley, 2023. "Code and data files for "CEO Compensation: Facts"," Computer Codes 23-159, Review of Economic Dynamics.
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More about this item
Keywords
Executives; CEO turnover; CEO compensation; governance; dismissal; SMM.;All these keywords.
JEL classification:
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
- J63 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Turnover; Vacancies; Layoffs
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BEC-2018-11-12 (Business Economics)
- NEP-CFN-2018-11-12 (Corporate Finance)
- NEP-HRM-2018-11-12 (Human Capital and Human Resource Management)
- NEP-LAB-2018-11-12 (Labour Economics)
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