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> I like the first half That's actually why I tossed this in the submissions queue. I hadn't seen before the shareholder value / CEO compensation tuple connect
by ableal 11y ago
> I like the first half
That's actually why I tossed this in the submissions queue. I hadn't seen before the shareholder value / CEO compensation tuple connected to an academic paper:
"[...] dating back to 1976 [...] when Michael Jensen and William Meckling of the University of Rochester published in the Journal of Financial Economics their paper Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure."