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Keywords: Non-equity compensation
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Journal Articles
Journal of Accounting in Emerging Economies (2022) 12 (1): 187–210.
Published: 15 July 2021
.... To address potential endogeneity issues, the authors use a firm-fixed effect technique and two-stage least squares regression. Findings The authors find that CEOs' and CFOs' cash compensation is significantly associated with REM, suggesting that paying non-equity compensation to the CEO and CFO...
