Variable

Salary

Option Grants

Total Compensation

Constant

11.94^**

19.59^**

3.56

Size

2.41^**

9.63^**

38.00^**

Age

2.97^**

23.85^**

11.80^*

Tenure

3.47^**

8.26

20.72^**

Education

1.67

4.83

9.56

Founder CEO

−5.25^**

29.08^**

−51.44^**

Celebrity CEO

3.94^**

20.74^**

48.26^**

Disruptive

−1.47

14.51^**

29.04^**

Debt to Assets

−2.00^*

−13.93

−6.85

Growth Funding

3.52^**

1.39

14.8^*

Number of Firms

431

Adjusted R²

19.08

0.01

0.07