Khim Kelly

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Firms frequently use gift cards that can be spent on hedonic items to reward employees but minimal research has examined their performance effects relative to cash rewards. Our study investigates the effects of hedonic gift card rewards versus cash rewards in a sales tournament. We conducted a field experiment at a rug wholesaler where two consecutive(More)
We study whether power dynamics in the CEO-CFO relationship influence the CEO’s compensation. To operationalize CEO-CFO power dynamics, we define CFO co-option as the appointment of a CFO after a CEO assumes office. We find that CFO co-option is associated with a CEO pay premium of about 5.5%, which is partially explained by a higher likelihood that the(More)
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