Article ID Journal Published Year Pages File Type
964571 Journal of the Japanese and International Economies 2008 15 Pages PDF
Abstract
In this paper we compare the relations between the changes in the personal wealth of CEOs and firm performance among Japanese and American companies. Using a personal income measure imputed from annual personal income tax amounts for Japanese executives, we show that Japanese and US CEOs are rewarded for short-term changes in operating income and changes on shareholder wealth, and that the associations are similar for both groups. J. Japanese Int. Economies 22 (4) (2008) 605-619.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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