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

adopting a relative performance evaluation (RPE) plan, total and idiosyncratic risk are higher, and the correlation between … firm and industry performance is lower. The opposite is true for firms that adopt absolute performance evaluation (APE …) plans. Plans including accounting-based performance metrics and/or cash payouts have weaker risk-related incentives. The …

managers design their own compensation contracts. The interactions of the corporate governance mechanisms with total pay-for-performance …

We propose a new approach to evaluating the performance of private equity investments using actual prices paid for LP …

We survey the literature on private equity performance, focusing on venture capital and buyout funds rather than … portfolio companies. We describe recent findings on performance measures, average fund returns, risk adjustments, cyclicality … and liquidity, persistence, interim returns and self-reported net asset values, the performance of different types of …