We examine the impact of the age of compensation committee (CC) members on CEO compensation. Sociological theory suggests that age is a significant demographic factor influencing behavior. We argue that monitoring intensity increases with age because older directors are more likely to commit to their fiduciary duties.

中文翻译：

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薪酬委员会成员的年龄对首席执行官薪酬重要吗？

我们研究了薪酬委员会 (CC) 成员的年龄对 CEO 薪酬的影响。社会学理论表明，年龄是影响行为的重要人口因素。我们认为，监督强度随着年龄的增长而增加，因为年长的董事更有可能履行其信托职责。