Francis, Bill; Hasan, Iftekhar; John, Kose; Waisman, Maya - Suomen Pankki - 2012
An underlying assumption in the executive compensation literature is that there is a national labor market for CEOs …, central cities (i.e., urban agglomeration) and the level and structure of CEO compensation. Using CEO compensation data for … driven compensation for good performance. We document gradual human capital gains acquired from big city work experience that …