Croci, Ettore; Gonenc, Halit; Ozkan, Neslihan - In: Journal of Banking & Finance 36 (2012) 12, pp. 3318-3335
This paper investigates the impact of family control and institutional investors on CEO pay packages in Continental Europe, using a dataset of 754 listed firms with 3731 firm-year observations from 14 countries during 2001–2008. We find that family control curbs the level of CEO total and cash...