skip to primary navigationskip to content
 

CF weekly workshop - Bang Dang Nguyen

When Feb 22, 2011
from 04:45 PM to 05:45 PM
Where Winstanley Lecture Theatre, Trinity College
Contact Name
Add event to calendar vCal
iCal

** Please note the start time **

Dr Bang Dang Nguyen (CJBS)

Title: What Death Can Tell: Are Executives Paid for Their Contributions to Firm Value?

Abstract: An efficient managerial labor market should compensate executives according to their contribution to shareholder value. We provide novel empirical evidence about the relationship between executive pay and managerial contribution to value by exploiting the exogenous variation resulting from stock price reactions to sudden deaths. We find, first, that the managerial labor market is characterized by positive sorting: managers with high contributions to value obtain higher pay. We find, second, that executives appear, on average, to retain about 80% of the value they create. Overall, our results are informative about the workings of the managerial labor market.

« September 2017 »
September
MoTuWeThFrSaSu
123
45678910
11121314151617
18192021222324
252627282930

RSS Feed Latest news

Best Student paper Award winners were announced on 16 June 2017

Jun 16, 2017

Winners of the 2016-2017 academic year competition were announced at the End of Term staff and student lunch, Cambridge Judge Business School

View all news

Upcoming events

Cambridge Finance Workshop - Hui Chen (Zurich)

Oct 12, 2017

Room W4.03, Cambridge Judge Business School

Cambridge Finance Workshop - Matt Elliott

Oct 26, 2017

Room W4.03, Cambridge Judge Business School

Cambridge Finance Workshop - Ilona Babenko

Nov 09, 2017

Room W2.01 Cambridge Judge Business School

Previous events

Upcoming events