The Influence of CEO Power on Compensation Contract Design

Grants

Funding Acknowledgements

We gratefully acknowledge the insightful comments from two anonymous reviewers and Kenneth A. Merchant (editor), as well as those from numerous colleagues: Shannon Anderson, Raul Barroso (discussant), Belen Blanco, Shuping Chen, Henri Dekker, Yanmin Gao (discussant), Wayne Guay, Michelle Hogan, Reggy Hooghiemstra, Yuping Jia, Steven Matsunaga, Valeri Nikolaev, Naomi Soderstrom, Laurence van Lent, and Sarah Zechman. We also thank conference and seminar participants at the 2013 36th Annual Congress European Accounting Association at Paris, 2013 8th Accounting Research Workshop at Basel, Erasmus University Rotterdam, University of Groningen, VU University Amsterdam, University of Amsterdam, The University of Melbourne, and University of Seville for comments on previous drafts of the paper. We also thank VU University Amsterdam and University of Amsterdam for their support for the project while Yu Flora Kuang and Bo Qin, respectively, were employed there.