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来源类型Working Paper
规范类型报告
DOI10.3386/w10742
来源IDWorking Paper 10742
Stealth Compensation Via Retirement Benefits
Lucian Arye Bebchuk; Jesse M. Fried
发表日期2004-09-06
出版年2004
语种英语
摘要This paper analyzes an important form of "stealth compensation" provided to managers of public companies. We show how boards have been able to camouflage large amount of executive compensation through the use of retirement benefits and payments. Our study highlights the significant role that camouflage and stealth compensation play in the design of compensation arrangements. Our study also highlights the significance of whether information about compensation arrangements is not merely publicly available but also communicated in a way that is transparent and accessible to outsiders.
主题Microeconomics ; Households and Firms ; Financial Economics ; Corporate Finance
URLhttps://www.nber.org/papers/w10742
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/568374
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GB/T 7714
Lucian Arye Bebchuk,Jesse M. Fried. Stealth Compensation Via Retirement Benefits. 2004.
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