The Impact of Directors’ External Connections on Their Compensation

Journal of Applied Business Research (JABR)

View Publication Info
 
 
Field Value
 
Title The Impact of Directors’ External Connections on Their Compensation
 
Creator Kim, Sehan
 
Subject Director Compensation
External Connections
 
Description Based on a large sample of directors, I find that directors’ external connections are positively associated with the level of their compensation, suggesting that directors are compensated for the value they bring to the firm through their external connections. This association holds after controlling for the various factors such as firm and CEO characteristics, board related governance characteristics, directors’ attributes such as experience and education, industry and year fixed effects, used in prior studies. I also find that the association between the components of external connections and compensation is different for different types of directors. Director Compensation
 
Publisher Clute Institute
 
Date 2021-03-01
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
 
Format application/pdf
 
Identifier https://clutejournals.com/index.php/JABR/article/view/10372
 
Source Journal of Applied Business Research (JABR); Vol. 37 No. 2 (2021); 33-50
2157-8834
0892-7626
 
Language eng
 
Relation https://clutejournals.com/index.php/JABR/article/view/10372/10423
 

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