Entrenchment, director' networks, and CEO compensation
by Najla Hamdi; Mohamed Imen Gallali
International Journal of Entrepreneurship and Small Business (IJESB), Vol. 39, No. 1/2, 2020

Abstract: This paper examines the relationship between CEO compensation and the hypothesis of entrenchment according to the two approaches of governance (disciplinary and cognitive); a model is developed and tested. Based on a sample of 130 Canadian companies, composing the Toronto stock index S&P /TSX cover the period from 2005 to 2015, we examine whether networks are built for reasons of information gathering or for the accumulation of managerial influence. Our results suggest that in Canada the executive's network (centrality degree), in our case, enable the CEO to obtain higher compensation.

Online publication date: Mon, 23-Dec-2019

The full text of this article is only available to individual subscribers or to users at subscribing institutions.

 
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.

Pay per view:
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.

Complimentary Subscribers, Editors or Members of the Editorial Board of the International Journal of Entrepreneurship and Small Business (IJESB):
Login with your Inderscience username and password:

Username:        Password:          Forgotten your password?

Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.

If you still need assistance, please email subs@inderscience.com