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Accountable Institutions and Behavior

The Accountable Institutions and Behavior (AIB) Program supports basic scientific research that advances knowledge and understanding of issues broadly related to attitudes, behavior, and institutions connected to public policy and the provision of public services. Research proposals are expected to be theoretically motivated, conceptually precise, methodologically rigorous, and empirically oriented.

Deadline: 

Wednesday, January 15, 2020
Monday, August 17, 2020
Friday, January 15, 2021

The Dynamics of Controversial Practices: SEC Sunshine, Aspirational Pay, and the Evolution of Executive Compensation Networks

Stimulated by 2006 Securities and Exchange Commission (SEC) regulations that required large firms to report their compensation peers, a set of recent papers have concluded that many companies favor "aspirational" peers (i.e., larger companies and with better paid CEOs than the focal company). Research on the use by companies of aspirational peers has focused on the prevalence and average overall level of bias, and has attempted to explain bias in terms of organizational and CEO characteristics rather than in terms of the networked environment.

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