Resource type
Date created
2015-12
Authors/Contributors
Author (aut): Li, Wei
Author (aut): Guo, Tingting
Abstract
In this paper, we examine whether institutional shareholders prefer concentrated or dispersed executive compensation structure. To address this question, we study the relationship between executive compensation concentration and institutional ownership power because institutional investors can influence executive compensation more when they have more power. We measure institutional ownership power using institutional ownership level and institutional ownership concentration. We find a significant negative relationship between executive compensation concentration and institutional ownership power.
Document
Copyright statement
Copyright is held by the author(s).
Scholarly level
Peer reviewed?
No
Language
English
Member of collection
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Li, Wei and Guo, Tingting_Final Draft.pdf | 1.03 MB |