Narrow search
Showing 1 - 10 of 131
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
Two-way capital flows: cross-hauling in a model of foreign investment
Jones, Ronald W.; Neary, J. Peter; Ruane, Frances - 1983
This paper presents a simple model of a small open economy which is open to both commodity trade and foreign investment of a sector-specific kind, and which exhibits the phenomenon of ‘cross-hauling’, or reverse flows of internationally mobile capital in two different sectors. The model,...
Persistent link: https://www.econbiz.de/10009441443
Cover Image
Real Exchange Rate Misalignment: Prelude to Crisis?
Kemme, David M.; Roy, Saktinil - 2005
crisis. The half life of an exogenous shock is found to be much shorter for Poland than for Russia in the pre-crisis period …
Persistent link: https://www.econbiz.de/10009476782
Cover Image
Network effects, compatibility, and adoption of standards
Grajek, Michał - 2005
standard and international trade. The estimation results allow us to formulate some interesting policy conclusions. …
Persistent link: https://www.econbiz.de/10009467122
Cover Image
Asymmetrische Effekte der Geldpolitik auf die Industrie in der Bundesrepublik Deutschland - eine Untersuchung auf Branchenebene
Hock, Thorsten - 2003
, output decreases in most subsectors after a restrictive monetary shock. The sectors of electrical and electronic equipment … be explained by the fact that monetary policy works mainly as supply shock in some subsectors. But the identified price …
Persistent link: https://www.econbiz.de/10009433722
Cover Image
Accounting earnings and chief executive officer compensation: the joint effect of earnings' contracting and valuation roles
Omer, Thomas C. (contributor) - 2007
This paper investigates the impact of accounting earnings on Chief ExecutiveOfficer (CEO) compensation by examining how the valuation role and the contractingrole of accounting earnings jointly determine the value of CEO total compensation.Current earnings are informative about the firms future...
Persistent link: https://www.econbiz.de/10009464925
Cover Image
The Role of CEO compensation in the Cost of Debt, Expectations Management, and the Investment Policy of UK Firms
Li, Hao - 2010
when pricing a firm‟s publicly traded debts. Secondly, I provide the evidence that CEO compensation motivates top managers … compensation motivates a short-sighed and risk-averse investment policy when top managers have a short career horizon.The first … this thesis may help remuneration committee to design a better pay package for top managers in the future. …
Persistent link: https://www.econbiz.de/10009465832
Cover Image
Group Polarization on Corporate Boards: Theory and Evidence on Board Decisions about Acquisition Premiums, Executive Compensation, and Diversification.
Zhu, Hongquan - 2009
This dissertation examines how a fundamental group decision-making bias referred to as group polarization may influence boards’ major strategic decisions (i.e. acquisition premiums, executive compensation, and diversification) and the diffusion of practices through interlock networks. I begin...
Persistent link: https://www.econbiz.de/10009476655
Cover Image
Determinants of the Relations between Transitory Earnings and CEO Cash Compensation in the USA
Asthana, Sharad; Ye, Zhongxia Shelly - 2007
Prior research documents that gains from non-recurring transactions flow through to CEOs' compensation, but that losses from non-recurring transactions do not. This paper extends extant literature by exploring the determinants of this phenomenon. We provide evidence that the prior findings of...
Persistent link: https://www.econbiz.de/10009459069