CEO Compensation And Firm Value

Main Article Content

Abdallah M. Dah
Salaheddine S. Abosedra
Ghida F. Matar

Keywords

CEO Equity-based Compensation, Firm Value, Independent Directors

Abstract

This paper examines the effect of CEO equity-based compensation (EBC) on firm value. In particular, we study the interaction between EBC and the percentage of independent directors as well as the interaction between EBC and managerial entrenchment. Our findings suggest a positive relation between firms value and EBC. Further, we show that the percentage of independent directors has a positive impact on the marginal effect of EBC on firm value.

Downloads

Download data is not yet available.
Abstract 174 | PDF Downloads 154

Most read articles by the same author(s)