Notre Dame's Tim Hubbard Discusses CEO Politics Effect on Initial Pay Packages (VIDEO)
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Prior research has shown that political affiliation is an indicator of a CEOs willingness to take risk-- liberal CEOs are bigger risk takers than their conservative counterparts. Timothy Hubbard, assistant professor of management in the University of Notre Dame's Mendoza College of Business, set out to find evidence that conservative CEOs, consequently, receive more performance based pay to incentivize them to take more risks for the firm, but instead, he found the opposite is true in "The influence of CEO risk tolerance on initial pay packages," forthcoming in Strategic Management Journal.
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University of Notre Dame
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