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• W2023008857 startingPage "143" @default.
• W2023008857 abstract "In this study we examine the long-run effects of unexpected firm performance on CEO compensation. We find that unexpectedly good accounting performance is initially associated with increases in CEO pay. However, this initial effect soon reverses, and is followed by lower CEO pay in later years. Overall, the CEO's long-run cumulative financial gain from unexpectedly good accounting performance is not significantly different from zero. In contrast, unexpectedly good stock price performance is associated with increases in CEO pay for several years. Thus, the CEO's long-run cumulative financial gain from unexpectedly good stock price performance is positive and significant." @default.
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• W2023008857 date "2003-01-01" @default.
• W2023008857 modified "2023-10-17" @default.
• W2023008857 title "Accounting and Stock Price Performance in Dynamic CEO Compensation Arrangements" @default.
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• W2023008857 doi "https://doi.org/10.2308/accr.2003.78.1.143" @default.
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