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

DOI to cite this document:
10.5283/epub.45310
Ascherl, Claudia ; Schrand, Liesa ; Schäfers, Wolfgang
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Date of publication of this fulltext: 24 Mar 2021 10:02


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 ...

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