Showing 1 - 10 of 21,625
Persistent link: https://www.econbiz.de/10001193692
Persistent link: https://www.econbiz.de/10001228856
Persistent link: https://www.econbiz.de/10001303295
Persistent link: https://www.econbiz.de/10001713739
Persistent link: https://www.econbiz.de/10013432327
incentives of US managers to adopt riskier business policies. Specifically, based on the agency problems between shareholders and … managers and between shareholders and creditors, a research framework is developed to identify the influence of low interest … rates on managers’ risk-taking incentives proxied by the sensitivity of executive compensation to stock return volatility …
Persistent link: https://www.econbiz.de/10012694415
Persistent link: https://www.econbiz.de/10011998333
Persistent link: https://www.econbiz.de/10000970445
This paper characterizes equilibrium outcomes of extensive form games with incomplete information in which players can sign renegotiable contracts with third-parties. Our aim is to understand the extent to which third-party contracts can be used as commitment devices when it is impossible to...
Persistent link: https://www.econbiz.de/10010222351
Persistent link: https://www.econbiz.de/10011748857