the announcement of a clawback adoption, as well as post-adoption stock and accounting performance, are significantly and …

The usage of performance-vesting (p-v) equity awards to top executives in large U.S. companies has grown from 20 to 70 …

Using data that includes specific contractual details of Relative Performance Evaluation (RPE) contracts granted to … accounting performance and RPE awards of cash contingent on accounting performance convey the incentive to increase firm risk …

We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and …-rater evaluations if groups rationally aggregate their signals about employee performance. Our controlled laboratory experiment confirms … performance. …

We compare evaluations of employee performance by individuals and groups of supervisors, analyzing a formal model and …-rater evaluations if groups rationally aggregate their signals about employee performance. Our controlled laboratory experiment confirms … performance. …

We find that firms that grant performance-contingent (p-c) equity awards with accounting-based vesting conditions to …

, have led to an increase in performance-contingent awards. A majority of these awards contain performance conditions tied … disclosure opaqueness, and proximity of earnings to performance thresholds. Results are robust to accounting for endogeneity in … performance-contingent awards. Our evidence suggests that recent trends in the structure and transparency of pay affect both the …

We examine the benefits of objective performance measurement in a field experiment conducted in a retail bank. At the … outset objective performance measures of pro fits in each branch were only available on the branch level and managers … to individual performance measures. We find a significant positive impact of objective performance measurement on effort …

substantial negative impact on the probability that an employee's pay is performance contingent. …

-facilitating accounting information on the profit margins of individual products and (ii) whether they receive performance pay based on an …