The current and complete Institute for Compensation Studies working paper series can now be found at http://digitalcommons.ilr.cornell.edu/ics/. All papers previously submitted to the Compensation Research Initiative have been incorporated into the Institute for Compensation Studies working paper series.

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Submissions from 2010

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Executive Pay and Firm Performance: Methodological Considerations and Future Directions, Beth Florin, Kevin F. Hallock, and Douglas Webber

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Board Independence and the Gender Pay Gap for Top Executives, Karen Selody

Submissions from 2009

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Shareholder Voting and Directors’ Remuneration Report Legislation: Say on Pay in the U.K. (CRI 2009-004), Martin J. Cavanagh and Graham V. Sadler

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Compensation Consultants and Executive Pay (CRI 2009-010), Martin J. Conyon

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Are U.S. CEOs Paid More than U.K. CEOs? Inferences from Risk- Adjusted Pay (CRI 2009-003), Martin J. Conyon, John E. Core, and Wayne R. Guay

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The Signaling Role of Promotions: Further Theory and Empirical Evidence (CRI 2009-008), Jed DeVaro and Michael Waldman

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Standard Promotion Practices versus Up-or-Out Contracts (CRI 2009-001), Suman Ghosh and Michael Waldman

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Executive Compensation in American Unions (CRI 2009-007), Kevin F. Hallock and Felice B. Klein

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Is a Higher Calling Enough? Incentive Compensation in the Church (CRI 2009-011), Jay C. Hartzell, Christopher A. Parsons, and David L. Yermack

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Performance Pay and the White-Black Wage Gap, John S. Heywood and Daniel Parent

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The Relative Effects of Merit Pay, Bonuses, and Long-Term Incentives on Future Job Performance (CRI 2009-009), Sanghee Park and Michael C. Sturman

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Negative Hedging: Performance Sensitive Debt and CEOs’ Equity Incentives (CRI 2009-014), Alexei Tchistyi, David Yermack, and Hayong Yun

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Stockholder and Bondholder Reactions To Revelations of Large CEO Inside Debt Holdings: An Empirical Analysis (CRI 2009-005), Chenyang Wei and David Yermack

Submissions from 2008

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CEO Turnover and Firm Performance in China’s Listed Firms (CRI 2009-012), Martin Conyon and Lerong He

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Executive Compensation and CEO Equity Incentives in China’s Listed Firms (CRI 2009-006), Martin J. Conyon and Lerong He

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CEO Pay-for-Performance Heterogeneity Using Quantile Regression (CRI 2009-002), Kevin F. Hallock, Regina Madalozzo, and Clayton G. Reck

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Theory and Evidence in Internal Labor Markets (CRI 2009-013), Michael Waldman