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ETLA Discussion Papers, Research Institute of the Finnish Economy >
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http://hdl.handle.net/10419/63831
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| Title: | | Suomen ulkomaankaupan erikoistuminen: Keiden kanssa kilpailemme?  |
| Authors: | | Kaitila, Ville |
| Issue Date: | | 2007 |
| Series/Report no.: | | ETLA Discussion Papers, The Research Institute of the Finnish Economy (ETLA) 1083 |
| Abstract: | | and statistically significantly associated with the level of compensation. Also, foreign ownership parameter estimates are about three times larger for total compensation than for salary and bonuses in most specifications. Second, ownership concentration, as measured by the voting share of a largest shareholder, is negatively related to the level of compensation, but only in the pooled model. Third, the size of the board is positively related to the level of compensation, especially to the level of base salary and bonus. |
| Abstract (Translated): | | and statistically significantly associated with the level of compensation. Also, foreign ownership parameter estimates are about three times larger for total compensation than for salary and bonuses in most specifications. Second, ownership concentration, as measured by the voting share of a largest shareholder, is negatively related to the level of compensation, but only in the pooled model. Third, the size of the board is positively related to the level of compensation, especially to the level of base salary and bonus. |
| Subjects: | | CEO compensation pay for performance stock options : firm size CEO compensation pay for performance stock options : firm size |
| JEL: | | F14 |
| Document Type: | | Working Paper |
| Appears in Collections: | | ETLA Discussion Papers, Research Institute of the Finnish Economy
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