This paper investigates the effects of board of director collusion on managerial incentives and firm values. Recent … governance policies, such as managerial pay, and curbing competition. We study a model where managers can exert unobservable cost …-cutting effort and investigate the consequences of and the incentives for coordinating managerial pay among corporate boards. …

and bondholder-aligned CEO compensation components, particularly when CEOs have greater incentives to take and shift risk …

of aligning managers' interests with those of shareholders. We also document that future changes to equity …-based incentives are related to voting outcomes and that shareholders incorporate CFO incentives into their votes. Collectively, these … evidence that shareholders tend to approve of compensation packages that are more sensitive to changes in stock price (pay …

(CEO) relative inside leverage to proxy for the incentives of risk-averse managers, we find that CEOs with higher inside …We provide evidence concerning the effect of managerial risk-taking incentives on merger and acquisition (M … leverage are more likely to engage in vertical mergers, and those mergers generate lower announcement returns for shareholders …

I estimate a dynamic agency model to quantify the importance of dismissals in CEO incentives -vis-à-vis pecuniary …

We provide evidence that CEO equity incentives, especially stock options, influence stock liquidity risk via …

all cases, explicit, non-discretionary ESG incentives are economically insignificant relative to executives’ incentives to … companies, explicit, non-discretionary ESG incentives were incorporated only in annual bonus plans. One sample company – Duke …. While this approach could be seen as a roadmap for those seeking meaningful ESG-based pay incentives, this Article concludes …