Similar Search Results

Management compensation and market timing under portfolio constraints

Agarwal, Vikas; Gómez, Juan-Pedro; Priestley, Richard - In: Journal of economic dynamics & control 36 (2012) 10, pp. 1600-1625

Persistent link: https://www.econbiz.de/10009701968

Managerial market timing : what is the pot size for long-term shareholders assuming firm management acts in their best interest and does have an informational advantage?

Vogt, Jan - In: Global finance journal 49 (2021), pp. 1-21

Persistent link: https://www.econbiz.de/10012887191

Managerial market timing under credit risk : how do timed buybacks and stock issuances influence the value of long-term shareholders?

Vogt, Jan - In: Global finance journal 55 (2023), pp. 1-17

Persistent link: https://www.econbiz.de/10014248639

Management compensation and market timing under portfolio constraints

Agarwal, Vikas; Gómez, Juan-Pedro; Priestley, Richard - In: Journal of Economic Dynamics and Control 36 (2012) 10, pp. 1600-1625

This paper shows that portfolio constraints have important implications for management compensation and performance evaluation. In particular, in the presence of portfolio constraints, allowing for benchmarking can be beneficial. Benchmark design arises as an alternative effort inducement...

Persistent link: https://www.econbiz.de/10011051975