Abrokwah, Stephen; Hanig, Justin; Schaffer, Marc - In: Review of Accounting and Finance 17 (2018) 3, pp. 359-382
Purpose: This paper aims to examine the impact of executive compensation on firm risk-taking behavior, measured by the volatility of stock price returns. Specifically, this analysis explores three hypotheses. First, the impact of short-term and long-term executive compensation packages on firm...