Utilize este identificador para referenciar este registo: http://hdl.handle.net/1822/32888

TítuloMarket competition and executive pay
Autor(es)Ferreira, Priscila
Palavras-chaveBarriers to entry
Entry costs
Competition
Executive compensation
Performance-related pay
DataJan-2015
EditoraThe Institute for the Study of Labor (iza)
RevistaIza World of Labor
Resumo(s)Empirical evidence suggests that executive pay is related to the level of product-market competition. However, while most shocks or policy reforms that foster competition tend to strengthen the link between competition and performance-related pay, it can also be the case that increasing competition reduces incentives. Also, as firms may change their pay structures, the effect of changes in competition to CEOs’ pay is uncertain. Policies aimed at reducing wage inequality or at affecting the provision of incentives should consider market idiosyncrasies as well as taking these different effects into account.
Tipoarticle
Descrição"Article number: 115"
URIhttp://hdl.handle.net/1822/32888
DOI10.15185/izawol.115
Arbitragem científicayes
AcessorestrictedAccess
Aparece nas coleções:NIMA - Artigos/Papers

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