Distorted performance measures in compensation contracts elicit suboptimal behavioral responses that may even prove to … whether the widely used class of Residual Income based performance measures - such as Economic Value Added (EVA) - is … economic circumstances and the self-selection of firms using EVA. Our findings indicate that EVA is a distorted performance …

performance is measured using some variant of historical accounting income like Net Profit, EPS or some measures based on the … value based performance measures This paper attempts to provide some understanding of the interrelationships among select … corporate performance measures in the Indian setting …

An appropriate measure of corporate performance is believed to be highly correlated to firm value on one hand and … paper examines the power of select performance measures in discriminating the Positive and Negative Value creation of the … companiesExamination of the discriminating power of the performance measures for the pooled cross section of data reveals that the EVA has …

Traditionally periodic corporate performance is most often measured using some variant of historical accounting income … appropriate for evaluation of corporate performanceAn appropriate measure of corporate performance on one hand should be highly …. However EVA is gaining recognition as fundamental measure of company performance despite the fact that it has been in …

This study examines the effect of relative performance evaluation (RPE) on firm performance and risk-taking behavior … when firm performance is exposed to common shocks. I find that among firms with high common risk exposure, RPE firms are … associated with higher firm performance than non-RPE firms. However, among firms with low common risk exposure, I find no …

In the empirical estimation of the relation between CEO pay and both firm and peer performance, researchers typically … include conventional accounting-based measures that reflect firm performance net of executive pay expense. We analytically … show that when firms evaluate CEO performance relative to peers, the coefficients on such net accounting measures are …

We investigate the role of Relative Performance Evaluation (RPE) theory in CEO pay and turnover using a product … affecting the firm and its peers) while evaluating CEO performance and that the extent of filtering increases with the number of …

Previous studies of the impact of M&A on performance have employed a range of measures of “profitability” or “rate of … any improvement in operating performance where the M&A increases vertical integration. We analyse the difference between …, but not the return on net assets) to overstate any improvement in operating performance after M&A. We describe the …

) practice, the performance measured by the balanced scorecard (BSC) of small and medium-sized enterprises (SMEs) in Thailand …, and to test the influence of SEP practice on SMEs’ performance measured by BSC. Research Design & Methods: Using …, correlation matrix, and multiple regression. Findings: The study found that both SEP practice and performance measured by the BSC …

types of incentives (cash, gift cards, and tangible rewards) with wellness program performance. We find that employees who …. Tangible rewards are the least frequently selected reward and are associated with lower performance than gift cards but … relatively similar performance to cash. These results support theories of individual choice and motivation, and suggest that …