Showing 1 - 10 of 623
This study examines managerial compensation incentives and its impact on firm's financial decisions. Specifically, we examine how CEO's inside-debt based compensation incentives (pension benefits and other deffered compensation) influences firm's debt maturity structure. We examine this...
Persistent link: https://www.econbiz.de/10012987651
This paper studies leverage dynamics when managers cannot commit to future financing and default policies ex-ante. Managers derive private benefits of control but debt constrains their flexibility, and thus, they build up less excessive leverage and may even actively reduce debt over time....
Persistent link: https://www.econbiz.de/10012861971
This study examines the integration of corporate social responsibility (CSR) criteria in executive compensation, a relatively recent practice in corporate governance. We construct a novel database of CSR contracting and document that CSR contracting has become more prevalent over time. We...
Persistent link: https://www.econbiz.de/10012935632
Persistent link: https://www.econbiz.de/10015166527
Persistent link: https://www.econbiz.de/10010414798
Persistent link: https://www.econbiz.de/10011433144
Persistent link: https://www.econbiz.de/10011782372
Persistent link: https://www.econbiz.de/10011800051
Persistent link: https://www.econbiz.de/10011959353
Persistent link: https://www.econbiz.de/10012694620