Narrow search
Showing 1 - 10 of 327
Cover Image
Dynamic semiparametric factor models
Borak, Szymon - 2008
resultierende Faktor-Hedging von Barrier Optionen gerichtet. … volatility dynamics and resulting factor hedging of barrier options. …
Persistent link: https://www.econbiz.de/10009467069
Cover Image
Beitr?ge zum Risikomanagement in Wertsch?pfungsnetzwerken
Wiesent, Julia - 2011
Eine langfristige und nachhaltige Steigerung des Unternehmenswerts als zentrales Unternehmensziel fordert eine konsequente, wertorientierte Ausrichtung aller Unternehmensteile und -aktivit?ten. Das Risikomanagement, welches stets im Rahmen einer integrierten Betrachtung von Ertrags- und...
Persistent link: https://www.econbiz.de/10009482328
Cover Image
The Acceleration of Stock Options in Anticipation of FAS 123 (R)
St. John, Kayleen - 2008
The Financial Accounting Standards Board (FASB) mandated the expensing of stock options with FAS 123 (R). As of March 2006, 749 companies had accelerated the vesting of their employee stock options and avoided a reduction in their reported profits that otherwise would have occurred under the new...
Persistent link: https://www.econbiz.de/10009429955
Cover Image
Die steuerliche Behandlung der Gewährung von Aktienoptionen an Arbeitnehmer bei grenzüberschreitenden Sachverhalten : dargestellt anhand der Länder Deutschland, Schweiz, Österreich...
Walter, Michaela - 2006
Nicht handelbare reale Aktienoptionen sind ein beliebtes Instrument, um die variable Vergütung von Mitarbeitern mit dem Unternehmenswert zu verbinden. Für die Unternehmensseite existieren unterschiedliche Auffassungen, wie die Verpflichtung aus der Option zu bilanzieren ist. Der individuelle...
Persistent link: https://www.econbiz.de/10009433685
Cover Image
Decomposing executive stock option exercises: Relative information and incentives to manage earnings
Veenman, David; Hodgson, Allan; van Praag, Bart; Zhang, Wei - 2011
This paper examines the information content of stock option exercises versus regular insider share trades by corporate executives. We argue that the asymmetric payoff structure of options makes managerial wealth - compared to holdings of shares - relatively more sensitive to stock price changes...
Persistent link: https://www.econbiz.de/10009448261
Cover Image
For The Many of The Few?
Wong, Wai Kin - 2011
Recent studies [Bebchuk and Fried (2002)] have shown that managerial power and negotiations play important roles in the design of executive pay arrangements, suggesting that some CEOs may extract greater economic rent from shareholders when provided with the opportunity. This paper seeks to...
Persistent link: https://www.econbiz.de/10009466153
Cover Image
THE EMERGENCE AND CONSEQUENCES OF STOCK-BASED COMPENSATION IN THE CONTEMPORARY FIRM: AN INSTITUTIONAL APPROACH TO THE ORGANIZATIONAL FOUNDATIONS OF INEQUALITY
Carberry, Edward J. - 2008
This dissertation explores the ways in which institutional organizational theory can enhance our understanding of how … managerial power to neoinstitutional theory in order to examine changes to executive stock option practices in the wake of the … organizational theory can provide important and novel insights into the structuration of new forms of wealth accumulation and …
Persistent link: https://www.econbiz.de/10009466280
Cover Image
Three Essays in Auctions, Contests, and Leaderboards.
Lin, John C. - 2011
multiple rounds of bidding before the final allocation. In the second study, we evaluate the predictions of a theory of contest … the highest level of total group effort. A theory of contests developed by Moldovanu et al. (2007) predicts that the …
Persistent link: https://www.econbiz.de/10009476663
Cover Image
Debt, Agency, and Management Contracts in REITs: The External Advisor Puzzle
Capozza, Dennis R.; Seguin, Paul J. - 2000
to higher debt yields for externally advised REITs. We posit that compensating managers based on either assets under … management or on property-level cash flows creates incentives for managers to increase the asset base by issuing debt even if the …
Persistent link: https://www.econbiz.de/10009477257
Cover Image
A study on capital structure and corporate governance
Kim, Ryoonhee - 2011
Capital structure and corporate governance are the important areas that represent salient part of corporate finance research. By studying various aspects of the two areas, this study attempts to deepen our understanding of the two. First, this study provides both a theoretical model and...
Persistent link: https://www.econbiz.de/10009477896