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This paper examines the role that managerial equity incentive schemes have on corporate innovation outcomes in developing economies. Utilizing a large and representative sample of Chinese publicly listed firms, we show that while managerial equity incentive schemes have a positive average effect...
Persistent link: https://www.econbiz.de/10014254235
This paper examines the role that managerial equity incentive schemes have on corporate innovation outcomes in developing economies. Utilizing a large and representative sample of Chinese publicly listed firms, we show that while managerial equity incentive schemes have a positive average effect...
Persistent link: https://www.econbiz.de/10013307338
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managers' compensation contracts are reset favorably. We provide support for the theory that compensation contracts that offer …
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relationship, with patents and citations to patents. Finally, we show that subsequent to project failure managers' compensation …
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