Faculty News

Professor David Yermack comments on top general counsels' compensation

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Excerpt from Bloomberg -- "Graff explained that companies, in addition to paying moving expenses and real estate commissions, will sometimes pay a relocation company to buy the house the GC is leaving behind, to smooth the transition. 'It’s fairly typical,' said David Yermack, who studies executive compensation at the NYU Stern School of Business. 'You’re not gonna lose a guy you really want over moving expenses.'"

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