Are CEOs Rewarded for Luck? The Ones Without Principals Are
“Are CEOs Rewarded for Luck? The Ones Without Principals Are,” with Marianne Bertrand, The Quarterly Journal of Economics, 116(3), August 2001: 901-32. (Longer version available as “Do CEOs Set Their Own Pay? The Ones Without Principals Do,” National Bureau of Economic Research Working Paper #7604).