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This paper is an investigation of the pay-for-performance link in executive compensation. In particular, we document main issues in the pay–performance debate and explain practical issues in setting pay as well as data issues including how pay is disclosed and how that has changed over time....
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Much of the empirical research on CEO pay is based on agency theory and has studied the incentives executives have to make decisions that benefit shareholders. This study takes a different look at CEO success by focusing on the quality of the match between the CEO and the firm's needs. Compared...
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This study investigates the performance effects of two industry-specific human resource management innovations that dramatically changed the way professional baseball teams selected and trained ballplayers. In the early part of this century major league clubs developed and refined two player...
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