The determinants of board compensation in SOEs: an application to Italian local public utilities

This article investigates the determinants of board compensation for a sample of Italian state owned enterprises (SOEs). To that purpose, we use newly collected panel data of 106 local public utilities observed from 1994 through 2004, which includes detailed information on the boards of directors. D...

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Veröffentlicht in:Applied financial economics 2014-02, Vol.24 (3), p.145-159
Hauptverfasser: Menozzi, Anna, Erbetta, Fabrizio, Fraquelli, Giovanni, Vannoni, Davide
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Sprache:eng
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