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Blom, Roger
Brandjes Robin
Janissen, Robin
Research Questions
The purpose of this paper is to examine whether there is
an association between the level of CEO compensation
and the quality of firms corporate governance, and
whether firms with weaker governance structures
have poorer future performance.
Research questions:
Is there a relationship between board structure and
CEO compensation?
Is there a relationship between ownership structure
and CEO compensation?
<<<Research question over de resultaten die Roland
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presenteert>>> Do firms with weaker governance
Hypotheses
Results
Results
Conclusion
Both board characteristics and ownership structure have a
substantive cross-sectional association with the level of CEO
compensation {waar maar wollig, onderstaande kernachtiger}.
CEO pay is higher when corporate governance is less
effective (BoD & OS)
Firms with weaker governance structures have poorer future
performance (operating & stock market )
Firms with weak goverance structures -> greater agency
problems; {Valt uit de lucht , toch ??? Maar staat wel in paper -> must}
Firms with greater agency problems -> higher CEO pay
Firms with greater agency problems -> perform worse.
<<<Conclusie over het tweede deel.>>> zie boven
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Related studies
References
-> waar komt dit vandaan? Of is dit die grafiek met bonus
ontwikkeling?? Of heb ik iets gemist ?
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