Francis, Bill; Hasan, Iftekhar; Zhu, Yun - In: Managerial Finance 45 (2019) 7, pp. 810-826
Purpose: The purpose of this paper is to examine whether or not the chief executive officers’ (CEO) compensation is affected by the compensation of the outside directors sitting on their board, who are also CEOs of other firms. Design/methodology/approach: The authors collect CEOs’ and...