Tag Archives | Wei Cen

Compensation Better Optimized by Big Consultants

Using a sample of U.S. S&P 1500 firms from 2007-2009, Naqiong Tong and Wei Cen provide new evidence showing that CEOs of firms engaging BIG6 consultants receive lower equity payments and lower total compensations compared to that of firms engaging SMALL consultants. In addition, they also find that a switch in a firm’s compensation consultants influences […]

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