Are Directors Paid Too Much? An Analysis of Corporate Board Member Compensation from 1997-2012
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Publication Date:
February 14, 2018
Excessive CEO pay has been researched and discussed extensively. However, relatively little attention has been placed on the compensation of outside directors. To address this, the authors develop a model to predict expected or normal director compensation. On average, there is greater evidence of over- rather than undercompensation.
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