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Executive Pay–Performance Sensitivity and Litigation


  • Accepted by Wim Van der Stede. We would like to thank two anonymous referees and our editor. We also want to thank Ashiq Ali, Daniel Cohen, Huasheng Gao, Stephen Hillegeist, Kose John, Shane Johnson, Dave Mauer, Volkan Muslu, Lin Peng, Laura Starks, Justin Wolfers, Yexiao Xu, Harold Zhang, and seminar participants at Bentley University, CKGSB, the University of Texas at Dallas, Tulane University, Harvard Business School, CICF, NUS Corporate Finance Conference, NBER Summer Institute on Law and Economics, and FEA Conference for helpful comments. Research support from the Division of Faculty Research at Harvard Business School is gratefully acknowledged.
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