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Optimal incentive-based compensation contracts for CEOs: The moderating roles of age and tenure

Advances in Business Research

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Field Value
 
Title Optimal incentive-based compensation contracts for CEOs: The moderating roles of age and tenure
 
Creator Aaron, Joshua R.; Middle Tennessee State University
McMillan, Amy; East Carolina University
Dunne, Timothy C.; Middle Tennessee State University
 
Subject Management; Finance
Executive compensation; Agency theory
 
Description This study examines the relationship between CEO compensation packages and firm performance. We suggest that CEO age and tenure moderate the relationship between the aforementioned variables. Our results indicate that younger and newly minted CEOs perform better with greater proportions of incentive-based compensation than their older and longer tenured counterparts.  These findings suggest CEOs respond differently to different compensation packages. Therefore, firms should evaluate the characteristics of their CEOs prior to designing the compensation package.   
 
Publisher Tarleton State University and the University of Arkansas - Fort Smith
 
Contributor
 
Date 2016-02-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Articles
Quantitative/Archival
 
Format application/pdf
 
Identifier http://journals.sfu.ca/abr/index.php/abr/article/view/73
 
Source Advances in Business Research; Vol 6, No 1 (2015); 46-64
 
Language eng
 
Relation http://journals.sfu.ca/abr/index.php/abr/article/view/73/98
 
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