Changes

CEO Compensation and Returns to Public and Private Acquisitions: Testing the Shareholder Value Hypothesis (view source)

401 bytes added , 15:10, 20 February 2021

*npr -- net profit ratio

*csho -- number of shares outstanding (in millions)

*revt -- revenue (note that this replaces the old revt variable)

*roa -- return on assets (ebitda/totalassets)

*leverage -- total liabilities/total assets

*totalassets -- same as the old at variable but from a new pull

*interlock -- 1/0 CEO is on compensation committee

*mktcap -- Market Capitalization calculated as closing price (prcc_c) x common shares outstanding (csho)

In Thomson-Reuters 13F filings in conjunction with COMPUSTAT Fundamentals Annual (joined using CUSIP8 and year, where both available):

*iifractot -- fraction of shares held by institutional investors

*iifractop5 -- fraction of shares held by top 5 institutional investors

acqi - current income from acquisitions in CSTAT

acq - cost of acquisitions from CSTAT

~~mktvalue~~ mkvalt- market value

agovgoldenparachute - 0/1 for the CEO has a golden parachute (many missing)

agovlimitabilityactbywritconsent - 0/1 whether governance has limited shareholders ability to act by written consent (many missing)

7,612

edits