TESTING FOR PARAMETER STABILITY IN EXECUTIVE REMUNERATION FUNCTIONS

Executive compensation equations are estimated separately for three groups of firms, under the contention that the determinants of executive remuneration may depend upon the form of and degree of regulation in an industry. Empirical evidence obtained for three separate years lends support to that notion.

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Year of publication:	1993
Authors:	Braunstein, Andrew W.
Published in:	Studies in Economics and Finance. - MCB UP Ltd, ISSN 1755-6791, ZDB-ID 2070355-7. - Vol. 14.1993, 2, p. 54-73
Publisher:	MCB UP Ltd

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Type of publication:	Article
Type of publication (narrower categories):	review-article
Language:	English
Other identifiers:	10.1108/eb028704 [DOI]
Source:	Other ZBW resources

Persistent link: https://www.econbiz.de/10015013793