Compensation structures and firm value / Dong Heon Byun, Jinbae Kim, and Joon Yong Shin

This paper studies the effects of the performance-based compensation system and the Age-Wage structure which pays lower (higher) compensation than the industry average during employees' early (later) service periods. Previous studies show that both compensation systems have positive effects on...

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Bibliographic Details
Main Authors: Byun, Dong Heon (Author), Kim, Jinbae (Author)
Format: Book
Published: Accounting Research Institute, Faculty of Accountancy & UiTM Press, 2007-12.
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