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The Determinants of Executive Compensation in US REITs: Performance vs. Corporate Governance Factors

DOI to cite this document:
Ascherl, Claudia ; Schrand, Liesa ; Schäfers, Wolfgang
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Date of publication of this fulltext: 24 Mar 2021 10:02


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 ...


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