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Ownership and Compensation as Incentives to Corporation Executives

R. A. Gordon
The Quarterly Journal of Economics
Vol. 54, No. 3 (May, 1940), pp. 455-473
Published by: Oxford University Press
Stable URL: http://www.jstor.org/stable/1882451
Page Count: 19
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Ownership and Compensation as Incentives to Corporation Executives
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Abstract

I. The problem, 455.--II. Sample and data: 149 out of 200 largest (1929) non-financial firms for which data are available, 457; basis for selecting executives for study, 457; sources and quality of data, 458.--III. Stockholdings: value and dividends, 466.--VI. Executive compensation, 465.--V. The various incentives compared, 466.--VI. Summary and conclusion, 470.

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