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- W2000273696 abstract "We analyze director compensation for Real Estate Investment Trusts (REITs) and investigate the relations between director compensation and other measures of the board independence and board monitoring. Using 136 REITs in 2001, we find the REITs that pay higher equity-based compensation to their board members are associated with higher financial performance. Our data indicate that board equity-based compensation is positively related to the existence of an independent nomination committee, however, it has no significant relationship with board size, proportion of outside directors, CEO duality and CEO tenure and ownership." @default.
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- W2000273696 date "2006-01-01" @default.
- W2000273696 modified "2023-09-25" @default.
- W2000273696 title "Director Compensation and CEO Bargaining Power in REITs" @default.
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- W2000273696 doi "https://doi.org/10.2139/ssrn.952551" @default.
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