Videos

    Videos

    Videos from ECGI events enable the ideas and debates that emerge in live situations to be shared with a wider audience for consideration. This helps to identify areas for further research, foster debate and educate people on corporate governance issues. As with all ECGI material, these videos are published in the interest of providing a public service.

    We show theoretically and empirically that executives are paid less for their own firm’s performance and more for their rivals’ performance if an industry’s firms are more commonly owned by the same set of investors. Higher common ownership also leads to higher unconditional total pay.

    18 August 2017

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