Keywords: Delta
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Journal Articles
Managerial Finance (2024) 50 (11): 1954–1970.
Published: 28 August 2024
... consists of DJIA component companies over a 71-year period from 1950 to 2020. CEO pay-performance sensitivity is measured by both delta and Jensen-Murphy pay-performance sensitivity. Findings We find that an increase in CEO pay-performance sensitivity as measured by both delta and Jensen-Murphy pay...

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