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EXECUTIVE COMPENSATION DISPERSION AND FIRM PERFORMANCE

Resource type
Graduating extended essay / Research project
Date created
2014-12
Authors/Contributors
Author: Li, Jinzhi
Author: Peng, Xinjie
Abstract
In this study, we examine the correlation between managerial pay dispersion and firm performance. We conduct a horse race between two different theories---tournament theory versus behavioral theory. We come to the conclusion that firm performance, measured by abnormal return, is positively associated wtih managerial compensation dispersion. The result is in consistent with the tournament theory.
Description
MSc in Finance Project-Simon Fraser University

Keywords

Copyright statement
Copyright is held by the author(s).
Permissions
You are free to copy, distribute and transmit this work under the following conditions: You must give attribution to the work (but not in any way that suggests that the author endorses you or your use of the work); You may not use this work for commercial purposes.
Scholarly level
Graduate student (Masters)
Peer reviewed?
No
Language
English
Member of collection
Beedie School of Business: Segal Graduate School Final Projects

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