Showing 1 - 10 of 5,043
managers, their contribution may be dependent on other corporate governance mechanisms, e.g. board composition, as significant …
Persistent link: https://www.econbiz.de/10012422403
In many organizational contexts, managers might have self-serving incentives whereby giving high evaluations to … employees comes at the expense of their own payoff. In this study, I examine the impact of managers’ self-serving incentives on … the collection and use of information for the purpose of subjective performance evaluation. I find that managers with self …
Persistent link: https://www.econbiz.de/10013252250
We examine differences in CEO achievement of EPS goals set separately through analyst forecasts and firm bonus plans. Having different goals for the same performance metric enables us to assess their relative importance in incentivizing CEOs. We find CEOs frequently achieve analyst forecasts,...
Persistent link: https://www.econbiz.de/10011800636
Persistent link: https://www.econbiz.de/10013440053
employee behavior differently than a Chinese executive’s managerial style. Utilizing an experiment with Chinese managers as …-interest are present) on Chinese managers’ discretionary accrual decisions, as well as the role that their executives’ culturally …-based management style (Eastern versus Western) plays in mitigating their propensity to manage earnings. We find that Chinese managers …
Persistent link: https://www.econbiz.de/10014186345
We consider a single-principal/multi-agent model to investigate the principal's preferences over delegated contracting. The analysis extends the single-agent/multi-task LEN model in Feltham and Xie (1994) to a multi-agent/multi-task context. We consider full-commitment contracts, i.e., the...
Persistent link: https://www.econbiz.de/10012726431
A variety of analogical literature is reviewed to ascertain oscillations in the collected works to determine a symphonic solution that is emancipatory of all incentives to conduct unethical manipulations of financial disclosures. The etymological question is how to structure an incentive plan...
Persistent link: https://www.econbiz.de/10012993411
The demand for chief financial officer (CFO) service on corporate boards has grown substantially in recent years, leading to questions about how these outside board appointments might affect a CFO's ability to fulfill her responsibilities at her home firm. Contrary to concerns about CFOs being...
Persistent link: https://www.econbiz.de/10012853753
We offer evidence that the use of Relative Performance Evaluation (RPE) in CEOs' incentive contracts influences the effect of risk-taking incentives on both the magnitude and composition of firm risk. We find that when the incentive design lacks RPE features, the incentive portfolio vega...
Persistent link: https://www.econbiz.de/10013019246
Agency conflicts between investors are particularly severe in the presence of high family and block-holder ownership. By focusing on a setting characterised by high ownership concentration, we study the role of independent directors in promoting transparency through increased disclosure. In our...
Persistent link: https://www.econbiz.de/10013045164