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Keywords: portfolio incentives
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Journal Articles
The Accounting Review (2024) 99 (2): 279–305.
Published: 01 March 2024
... of competition and examine its effect on four major choices: CEO equity portfolio incentives, annual bonus plan incentives, choice of performance measures, and difficulty of financial performance targets. We find that competition reduces firm profits and total CEO compensation, including equity grants, which...
Includes: Supplementary data