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Forging agents of the state? How political institutions impact CEO compensation in state-owned enterprises

Turturea, Roxana, Sauerwald, Steve, Heugens, Pursey P. M. A. R.

Journal of International Business Studies · 2025 · Volume 56 · Issue 5

DOI: 10.1057/s41267-024-00765-9

Abstract

Governments worldwide use executive compensation to bond CEOs of state-owned enterprises (SOEs) to political agendas at the expense of private owners. We e

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