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Title:Suomen ulkomaankaupan erikoistuminen: Keiden kanssa kilpailemme? PDF Logo
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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