Fernandes, Ana P.; Ferreira, Priscila; Winters, L. Alan - Núcleo de Investigação em Microeconomia Aplicada … - 2014
employer-employee data for the universe of workers and firms, we show that increased product market competition, following the … market competition on the performance-pay sensitivity of CEOs, and contrast it with the effect for department managers and …This paper studies the effect of competition on executive compensation. We estimate the effect of increased product …