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performance is measured using some variant of historical accounting income like Net Profit, EPS or some measures based on the … value based performance measures This paper attempts to provide some understanding of the interrelationships among select … corporate performance measures in the Indian setting …
Persistent link: https://www.econbiz.de/10013101264
An appropriate measure of corporate performance is believed to be highly correlated to firm value on one hand and … paper examines the power of select performance measures in discriminating the Positive and Negative Value creation of the … companiesExamination of the discriminating power of the performance measures for the pooled cross section of data reveals that the EVA has …
Persistent link: https://www.econbiz.de/10013101266
This study examines the effect of relative performance evaluation (RPE) on firm performance and risk-taking behavior … when firm performance is exposed to common shocks. I find that among firms with high common risk exposure, RPE firms are … associated with higher firm performance than non-RPE firms. However, among firms with low common risk exposure, I find no …
Persistent link: https://www.econbiz.de/10012856079
In the empirical estimation of the relation between CEO pay and both firm and peer performance, researchers typically … include conventional accounting-based measures that reflect firm performance net of executive pay expense. We analytically … show that when firms evaluate CEO performance relative to peers, the coefficients on such net accounting measures are …
Persistent link: https://www.econbiz.de/10013218451
We investigate the role of Relative Performance Evaluation (RPE) theory in CEO pay and turnover using a product … affecting the firm and its peers) while evaluating CEO performance and that the extent of filtering increases with the number of …
Persistent link: https://www.econbiz.de/10011807920
Previous studies of the impact of M&A on performance have employed a range of measures of “profitability” or “rate of … any improvement in operating performance where the M&A increases vertical integration. We analyse the difference between …, but not the return on net assets) to overstate any improvement in operating performance after M&A. We describe the …
Persistent link: https://www.econbiz.de/10012835164
) practice, the performance measured by the balanced scorecard (BSC) of small and medium-sized enterprises (SMEs) in Thailand …, and to test the influence of SEP practice on SMEs’ performance measured by BSC. Research Design & Methods: Using …, correlation matrix, and multiple regression. Findings: The study found that both SEP practice and performance measured by the BSC …
Persistent link: https://www.econbiz.de/10012517203
types of incentives (cash, gift cards, and tangible rewards) with wellness program performance. We find that employees who …. Tangible rewards are the least frequently selected reward and are associated with lower performance than gift cards but … relatively similar performance to cash. These results support theories of individual choice and motivation, and suggest that …
Persistent link: https://www.econbiz.de/10012936188
In this study, we examine whether CEOs' stock-based compensation has any relationship with the disclosure of highly proprietary information. While prior studies suggest that stock-based compensation provides managers with an incentive to enhance their voluntary disclosures in general, we argue...
Persistent link: https://www.econbiz.de/10012853081
We develop a measurement-error framework for assessing the quality of relative-performance metrics designed to filter … out the systematic component of performance, and analyze relative total shareholder return (rTSR)-the predominant metric … market participants use to isolate managers' idiosyncratic performance-chosen by boards to evaluate managers. Among firms …
Persistent link: https://www.econbiz.de/10012064869