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Learning, termination, and payout policy in dynamic incentive contracts
DeMarzo, Peter M.; Sannikov, Yuliy - 2016
lowers information rents. Mature firms pay smoothed dividends and have a fixed termination threshold. Dividend smoothing …
Persistent link: https://www.econbiz.de/10011864825
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Learning, termination, and payout policy in dynamic incentive contracts
DeMarzo, Peter M.; Sannikov, Yuliy - In: The review of economic studies 84 (2017) 1, pp. 182-236
Persistent link: https://www.econbiz.de/10011746432
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Corporate payout policy and managerial stock incentives
Fenn, George W.; Liang, Jean Nellie - 1999
Persistent link: https://www.econbiz.de/10001398575
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Earnings management and measurement error
Hofmann, Christian - In: Business research 1 (2008) 2, pp. 149-163
In this paper I consider the impact of a noisy indicator regarding a manager’s manipulative behavior on optimal effort incentives and the extent of earnings management. The analysis in this paper extends a twotask, single performance measure LEN model by including a binary random variable. I...
Persistent link: https://www.econbiz.de/10003790182
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Determinant and incentive effect of employee stock bonus policy : evidence from Taiwan
Chen, Chia-hui; Lin, Lyuh-yi - In: International journal of accounting and finance 1 (2008/09) 2, pp. 121-148
Persistent link: https://www.econbiz.de/10003814451
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Executive incentives and payout policy : empirical evidence from Europe
De Cesari, Amedeo; Ozkan, Neslihan - In: Journal of banking & finance 55 (2015), pp. 70-91
Persistent link: https://www.econbiz.de/10011378520
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Corporate payout policy and managerial stock incentives
Fenn, George W.; Liang, Jean Nellie - In: Journal of financial economics 60 (2001) 1, pp. 45-72
Persistent link: https://www.econbiz.de/10001568043
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CEO option incentives and corporate share repurchases
Cook, Douglas O.; Zhang, Weiwei - In: International review of economics & finance : IREF 78 (2022), pp. 355-376
Persistent link: https://www.econbiz.de/10013334579
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The effect of FASB Statement No. 123R on stock repurchases : an empirical examination of management incentives
Hegemann, Steven; Ismailescu, Iuliana - In: Review of Pacific Basin financial markets and policies 20 (2017) 2, pp. 1-31
Persistent link: https://www.econbiz.de/10011744123
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Free-cash-flow and the theory of corporate finance
Hubert, Franz - 1996
Persistent link: https://www.econbiz.de/10000950073