Open Access. Powered by Scholars. Published by Universities.®

Labor Economics Commons

Open Access. Powered by Scholars. Published by Universities.®

2017

Finance

City University of New York (CUNY)

Articles 1 - 1 of 1

Full-Text Articles in Labor Economics

Credit Risk And Corporate Governance, Olivier Mugisho Mudekereza Aug 2017

Credit Risk And Corporate Governance, Olivier Mugisho Mudekereza

Theses and Dissertations

Is the executive’s compensation structure influenced by the credit rating assigned to his company? I analyze a panel of U.S. public firms using the random-effects and fixed-effects estimations. Compared to firms with lower credit risk, I find that firms facing higher probability of default provide more incentives for their CEOs.