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Keywords: external labor market
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Journal Articles
The Accounting Review (2022) 97 (2): 135–160.
Published: 01 March 2022
... reduction in CEO outside opportunities. Overall, we provide new evidence on how external labor market frictions affect the convexity of CEO compensation. JEL Classifications: G32; M12; J60. We thank Christopher S. Armstrong (editor), two anonymous reviewers, Brian Cadman, Jeffrey Coles, Fei Du...