From: Preaching water but drinking wine? Relative performance evaluation in international banking
Firm stock return | Industry peer return | Industry/size peer return | Log(sales) | Log(assets) | Growth options | Total compensation | |
---|---|---|---|---|---|---|---|
Firm stock return | 1.00 | ||||||
Industry peer return | 0.80*** | 1.00 | |||||
Industry/size peer return | 0.85*** | 0.93*** | 1.00 | ||||
Log(sales) | − 0.19*** | − 0.12** | − 0.13** | 1.00 | |||
Log(assets) | − 0.18*** | − 0.13** | − 0.12** | 0.96*** | 1.00 | ||
Growth options | 0.41*** | 0.30*** | 0.30*** | − 0.49*** | − 0.57*** | 1.00 | |
Total compensation | 0.15*** | 0.07 | 0.12** | 0.30*** | 0.27*** | 0.03 | 1.00 |