Mitsudome, Toshiaki Weintrop, Joseph Hwang, Lee-Seok
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.
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Volume (Year): 22 (2008) Issue (Month): 4 (December) Pages: 605-619 Download reference. The following formats are available: HTML
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