This paper o¤ers direct evidence of the role of managerial talent in the market for CEOs. We construct two empirical measures of CEO talent based on perceptions of a CEO’s reputation and prior career outcomes. Using a newly hand-collected sample of 2,195 CEO successions between 1993 and 2005, we document that: 1) …rst-year total pay is an increasing and convex function of CEO talent, and increa...

We examine whether CEO power can explain the vast amount defined benefit pensions received by them. Analyzing a sample of UK firms from 2003 to 2006, we find that pensions constitutes of almost 15% of the average CEO compensation. Statistical analysis shows that the variables representing increased CEO power have a positive influence on pension pay. We also find that the presence of defined ben...

Separation between CEO and Chairman of the Board is typically viewed as evidence of good corporate governance. Surprisingly, the literature has failed so far to uncover any significant relation between CEO/Chairman duality and firm performance. By distinguishing between periods with and without CEO turnover, we empirically identify two offsetting effects: the correlation between duality and per...

Title of dissertation: SELECTION OF STAR CEOS AND ITS IMPLICATIONS ON FIRM PERFORMANCE AND CEO COMPENSATION Minwen Li, Doctor of Philosophy, 2010 Dissertation directed by: Professor Vojislav Maksimovic, Dean's Chair Professor of Finance, Department of Finance My dissertation examines a board’s decision to hire a star CEO and the implication of such decision on the new CEO compensation and firm ...

BACKGROUND Cerium dioxide (CeO(2)) nanoparticles have potential therapeutic applications and are widely used for industrial purposes. However, the effects of these nanoparticles on primary human cells are largely unknown. The ability of nanoparticles to exacerbate pre-existing inflammatory disorders is not well documented for engineered nanoparticles, and is certainly lacking for CeO(2) nanopar...

in the wake of the global financial crisis. Recent indignation over seemingly exorbitant CEO compensation in the face of poor company performance have given rise to the question: Does CEO pay accurately reflect CEO ability? If so, does the CEO make a difference to company performance? Practitioners intuitively know the importance of top CEOs, however does academic research concur? Despite its e...

This study was conducted to determine the effects of adding ethanol extract of propolis (EEP) and cumin essential oil (CEO) to diets of broiler chicks on the performance, blood parameters, immune response and carcass traits. A total of 240 day-old Ross-308 broiler chicks were randomly allocated to four treatments with six replicates and 10 birds in each replicate in a completely randomized desi...

Background: Chamomile essential oil (CEO) hauls out from Matricaria chamomilla L., is a well-known anti-oxidant. Oxidative stress induces clastogenic and biochemical disorders after γ-irradiation of animals. Materials and Methods: Mice were divided into five groups. Control group received vehicle only.              &nbs...

Does CEO duality – the practice of one person serving both as a firm’s CEO and board chair – contribute to or inhibit firm performance? Agency theory suggests that CEO duality is bad for performance because it compromises the monitoring and control of the CEO. Stewardship theory, in contrast, argues that CEO duality may be good for performance due to the unity of command it presents. The empiri...

this study was conducted to determine the effects of adding ethanol extract of propolis (eep) and cumin essential oil (ceo) to diets of broiler chicks on the performance, blood parameters, immune response and carcass traits. a total of 240 day-old ross-308 broiler chicks were randomly allocated to four treatments with six replicates and 10 birds in each replicate in a completely randomized desi...