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- W2373515986 abstract "Theoretically,this study investigated the effects of the density of firms' relationship network on executive compensation and pay-performance sensitivity by developing a theoretical model.Using a dataset of Chinese listed firms over the period 2005-2010,this study quantized the density of relationship network,and tested conclusions drawn by our theoretical model.The result shows that about 83%of Chinese listed firms have at least one director/CEO who also works as a director/CEO in other listed firms.Consistent with the theoretical model,this study also shows that the greater density of firms' relationship network is associated with significantly higher level of executive compensation,but significantly lower pay-performance sensitivity." @default.
- W2373515986 created "2016-06-24" @default.
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- W2373515986 date "2014-01-01" @default.
- W2373515986 modified "2023-09-25" @default.
- W2373515986 title "Relationship network of firms and executive compensation: Theoretical model and empirical findings" @default.
- W2373515986 hasPublicationYear "2014" @default.
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