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DO FIRMS CONTROLLED BY PRIVATE EQUITY PAY HIGHER EXECUTIVE COMPENSATION?
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Pedro Barros, Andre Carvalhal 
Abstract
This study investigates executive compensation on Brazilian companies controlled by private equity funds. Although there is a vast literature on executive compensation in many countries, there are only a few studies on executive compensation in private-equity-controlled companies in Brazil. Our analysis of 657 listed companies in Brazil from 2008 to 2011 show that private-equity-backed firms have higher individual and variable compensation, and better corporate governance standards.
Keywords: Corporate Governance, Executive Compensation, Private Equity, Brazil
How to cite this paper: Barros, P., & Carvalhal, A. (2015). Do firms controlled by private equity pay higher executive compensation? Corporate Ownership & Control, 12(4-3), 364-370. https://doi.org/10.22495/cocv12i4c3p4
