An Empirical Investigation of the Determinants of Outside Director Compensation
Department
Management and Entrepreneurship
Document Type
Article
Publication Date
7-2000
Abstract
Using data on 200 large U.S. corporations in 1996, this study develops and tests a model in which the Compensation of Outside Directors is significantly related to Director Effort, External Monitoring, Internal Referents and Firm Performance, after controlling for Firm Size and Inside Ownership. There is some support for each set of hypotheses relating to the different independent variables in the model.
Journal Title
Corporate Governance
Journal ISSN
0964-8410
Volume
8
Issue
3
First Page
268
Last Page
279
Digital Object Identifier (DOI)
10.1111/1467-8683.00204
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