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performance. Measured performance equals actual performance plus noise. We compare a stable environment where the noise is small … expectancy theory; noisier performance measures do not lower work motivation. …
Persistent link: https://www.econbiz.de/10011376648
accounting to performance through the choice of strategy.Methodology/Technique – The method by structural equation modeling on 70 … paper shown that the accounting management directly influence the performance, but not mediated by strategy. The practice of … performance measurement techniques such as the balanced scorecard, measurements based performance, and the economic value added …
Persistent link: https://www.econbiz.de/10012926689
We study the impact of accelerated vesting of equity awards on takeovers, whereby the restricted stock and/or stock options of the target CEO immediately vest and become unrestricted upon the close of the acquisition. We find that takeover premiums are significantly larger when the target CEO...
Persistent link: https://www.econbiz.de/10013117248
performance, and undertake riskier deals than acquirers without a contract. Further investigation of individual contract …
Persistent link: https://www.econbiz.de/10013083291
recommendations for fixing them. We focus on choosing the right performance measure, determining how performance thresholds, targets …, or benchmarks are set, and defining the pay-performance relation and how the relation changes over time. Finally we … examine the role of banking bonuses in the recent financial crisis. While cultural and performance measurement issues …
Persistent link: https://www.econbiz.de/10009316259
question of performance evaluation criteria, where both systems overlap. The perspective is interpretative, with a focus on the … different representations of the number and type of criteria that are used for evaluating their performance; (ii) perceive in …. Practical applications may also be derived, such as the relevance of cross-functional performance management …
Persistent link: https://www.econbiz.de/10014069374
This paper investigates the effects of managerial mergers and acquisitions related investment strategies on the exit risk of firms. Using a sample of hyperactive bidders, I show that managerial excessive acquisitiveness can precipitate firm exit. Overbidding is associated with weak corporate...
Persistent link: https://www.econbiz.de/10012905114
other stakeholders). Our results control for CEO pay-performance sensitivity and offer evidence consistent with a causal …
Persistent link: https://www.econbiz.de/10013133407
I study the implications of economic shocks for objective and subjective CEO performance evaluation. I explore … objective CEO performance evaluation using the sensitivity of CEO cash pay to earnings. To set this sensitivity, pay … to earnings increases progressively after a shock occurs. I next explore subjective CEO performance evaluation using …
Persistent link: https://www.econbiz.de/10013005138
The first convergence project of IASB and FASB created the widely equivalent international and U.S. accounting standards for business combinations IFRS 3 and SFAS 141. The purchase price must be allocated to identifiable assets acquired and liabilities assumed with the residual amount recognized...
Persistent link: https://www.econbiz.de/10013133236