Document Type
Report
Key Takeaways
•Directors are affected by peer pressure and this can affect the amount of money CEOs receive from the company. • Independent directors with a stronger history of networking with other members of the board are associated with lower CEO pay relative to shareholder return. • Powerful CEOs undermine the effects that independent directors have on aligning CEO pay with shareholder return.
Publication Date
2016
Disciplines
Business
Copyright
© 2016, University of South Carolina
Publication Info
2016.
