Title

An Empirical Investigation of the Determinants of Outside Director Compensation

Department

Management & 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

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