leadership1 publisher
Twenty years of French buyout data link pay compression to workforce turnover after buyouts
A Journal of Finance study of 813 French targets and 76,331 matched controls finds the within-firm 90/10 pay ratio falls 3 percent after a buyout, arriving there by swapping expensive managers for cheaper ones.
Publishers:corpgov.law.harvard.edu
Reality
- Evidence62
- Adoption
- Insufficient
- Hype gap+8
- Incentives45
- Confidence58