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Keywords: compensation peers
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Journal Articles
The Accounting Review (2021) 96 (1): 67–89.
Published: 01 January 2021
...Brian Cadman; Mary Ellen Carter; Xiaoxia Peng ABSTRACT We examine whether firms benchmark annual equity grants to compensation peers and whether meeting the participation constraint is a motive. Studying CEO equity grants over the period of 2006–2016 and compensation peers disclosed by the firm...