Showing 1 - 10 of 61
Persistent link: https://www.econbiz.de/10009726480
Persistent link: https://www.econbiz.de/10009501428
Persistent link: https://www.econbiz.de/10009553196
Gains and losses reported as other comprehensive income (OCI) and as special items (SI) are often viewed as similar in nature: transitory items with little ability to predict future cash flows and minimal implications for company value. However, current accounting standards require SI gains and...
Persistent link: https://www.econbiz.de/10013092793
Persistent link: https://www.econbiz.de/10009657421
Persistent link: https://www.econbiz.de/10001190532
The results of this study are that important intertemporal effects exist in the compensation-performance relation. This finding is important to the design of empirical studies of compensation and performance. The results further support the idea that the future income implications of good...
Persistent link: https://www.econbiz.de/10012790285
In this study we test the null hypothesis of symmetry in contemporaneous and long-run responses of CEO cash and total compensation to stock and accounting returns. Over the long run, we find that cumulative cash and total compensation responses are concave in stock returns (i.e., are more...
Persistent link: https://www.econbiz.de/10013062716
Empirical studies estimating the impact of firm performance on executive pay have primarily concentrated on the short-run response. In this study, we present estimates of the complete dynamic response of CEO pay to firm performance. We find that 1) the cumulative response of pay to firm...
Persistent link: https://www.econbiz.de/10012791735
Persistent link: https://www.econbiz.de/10011626421