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CEO ability, pay, and firm performance

Yuk Ying Chang, Auteur ; Sudipto Dasgupta, Auteur ; Gilles Hilary, Auteur |

Dans Management science (Vol. 56 N° 10, Octobre 2010)

Do chief executive officers (CEOs) really matter? Do cross-sectional differences in firm performance and CEO pay reflect differences in CEO ability? Examining CEO departures over 1992–2002, we first find that the stock price reaction upon depart[...]

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