Management Ownership and Firm Compensation Policy: Evidence from Converting Savings and Loan Associations

We examine the relationship between management ownership and compensation for a sample of savings and loan associations which have recently converted to stock organizations. Previous expense preference literature has indicated that the stock form of organization lessens the potential for non-value-m...

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Veröffentlicht in:	Financial management 1991-12, Vol.20 (4), p.80-90
Hauptverfasser:	Carter, Richard B., Stover, Roger D.
Format:	Artikel
Sprache:	eng
Schlagworte:	Asset income Bank loans Banks Business management Coefficients Compensation Compensation management Corporate Compensation Policy Special Issue Corporate reorganization Financial institutions Financial management Home loans Impacts Management Manager behavior Mathematical models Metropolitan statistical areas Organizational structure Ownership Profitability Profits Regulation Savings & loan associations Savings and loan associations Studies Variable coefficients Wages
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