. We find that the sudden shock to the perceived liquidity risk leads managers to increase corporate cash holdings and to …We study how managers respond to hurricane events when their firms are located in the neighborhood of the disaster area … express more concerns about hurricane risk in 10-Ks/10-Qs, even though the actual risk remains unchanged. Both effects are …

Value based management was considered as the major managerial innovation of the nineties: managers were to supposed to … encountered in the alignment of managers’ compensation on market value. It discusses the current trend towards more operational …