Showing 1 - 10 of 20
compensation. Design/methodology/approach - The authors develop a model based on Bhattacharyya whereby managerial quality is … unobservable to shareholders, and therefore first-best contracts are not possible. In the second-best world, compensation contracts … executive compensation. These results hold when payout is defined as common dividends plus common share repurchases. Research …
Persistent link: https://www.econbiz.de/10010760014
, compensation, and firm's performance. Design/methodology/approach -The paper compares the influence firms' performance on CEOs …' cash and total compensation based on the length of tenure. It also examines pay–performance relationship for new CEOs vs … for CEOs' cash and total compensation regardless of CEOs tenure and measure of performance. Additionally, firms …
Persistent link: https://www.econbiz.de/10010760016
Purpose -This paper aims to examine the impact on executive compensation (both cash and in total) of regulation, size … most significant explanatory variables in affecting executive compensation. More limited support was found for accounting … Officer (CEO) compensation. …
Persistent link: https://www.econbiz.de/10010760022
Purpose -This paper aims to examine the relation between executive compensation, firm size and firm performance on a … use two measures of performance, total shareholder return and return on assets, and concentrate on total CEO compensation …, which includes stock option compensation, as equity-based compensation practices have been prevalent in new economy firms …
Persistent link: https://www.econbiz.de/10010760024
Purpose -The purpose of this paper is to investigate the effect of executive severance contract maturity policies on the likelihood of forced turnover and the length of tenure for CEOs who are forced from their positions. Design/methodology/approach -The paper utilizes logistic and accelerated...
Persistent link: https://www.econbiz.de/10010761722
-based compensation schemes using a panel regression approach from Taiwanese experience. Design/methodology/approach - Previous theory … performances of equity-based compensation schemes is mixed in developed countries. This paper uses a panel data regression to … association between stock bonus and firm's operating performance. Companies with well-designed bonus compensation may lead to …
Persistent link: https://www.econbiz.de/10010747814
Purpose - The purpose of this paper is to examine the risk-incentive effect of CEO stock options in the banking industry. Design/methodology/approach - For a sample of industrial mergers, Williams and Rao find that the risk-incentive effect of CEO stock options is associated with higher...
Persistent link: https://www.econbiz.de/10010750268
Purpose - This study aims to examine whether CEO compensation is shielded from the negative effects of restructuring …. Design/methodology/approach - Regression tests using CEO cash compensation as the dependent variable, and restructuring … variables. Findings - The results indicate that CEO cash compensation is increased when an acquiring firm with respect to the …
Persistent link: https://www.econbiz.de/10010750269
engage in mergers and acquisitions to increase their compensation. Design/methodology/approach - Regression tests using CEO … compensation as the dependent variable, and CEO duality, firm size and firm performance as independent test and control variables …. Findings - The results indicate that for merging firms CEO compensation is positively associated with firm size. However, this …
Persistent link: https://www.econbiz.de/10010750270
compensation model based on the adherence to a risk control system utilizing value at risk (VaR). The model is designed to reward …) compensation model is developed with a demonstration of how it works through an illustrative example. Findings -The DWL method of … establishing strict rules for the risk manager and providing a compensation structure that rewards the manager's ability to stay …
Persistent link: https://www.econbiz.de/10010751912