Ghosh, Arijit - In: Emerging Markets Finance and Trade 42 (2006) 3, pp. 66-90
literature. This paper examines the effect of corporate governance, firm performance, and corporate diversification on the board … board compensation largely depends on current- and past-year performance and diversification of the firm, whereas CEO … compensation depends on current-year firm performance only. Among the personal attributes of the CEO, only in-firm experience has …