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How does organizational structure affect executive compensation?
- Authors
- Lee, Changmin; Kang, Hyung-goo; Seok, Woonam
- Issue Date
- May-2017
- Publisher
- ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
- Keywords
- CFO; CEO-Pay-Slice; top management team; executive pay; corporate governance
- Citation
- APPLIED ECONOMICS LETTERS, v.25, no.6, pp.405 - 408
- Indexed
- SSCI
SCOPUS
- Journal Title
- APPLIED ECONOMICS LETTERS
- Volume
- 25
- Number
- 6
- Start Page
- 405
- End Page
- 408
- ISSN
- 1350-4851
- Abstract
- Does the rise of the CFO as the second-ranked executive increase the status of the CEO? We find that, as a CFO becomes #2, a CEO receives higher pay in relative terms compared with other top executives. This result corresponds to the literature on span-of-control of executives in top management team.
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Related Researcher
- Kang, Hyoung Goo
- SCHOOL OF BUSINESS (DEPARTMENT OF FINANCE)