The Determinants of Executive Compensation in US REITs: Performance vs. Corporate Governance Factors
Abstract
The paper examines whether executive compensation packages within the US REIT industry are determined merely by performance or also by CEO power mechanisms that have an essential influence on board-level negotiations. We offer original insights into management compensation arrangements during and after the financial crisis. The relative importance of cash bonuses in CEO compensation contracts has more than halved after the crisis....
Paper Details
Title
The Determinants of Executive Compensation in US REITs: Performance vs. Corporate Governance Factors
Published Date
Aug 27, 2019
Journal
Volume
36
Issue
4
Pages
313 - 342
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