profit sharing increases earnings fluctuations, it also increases earnings growth in the longer term. As with any group …

We analyze the impact on a firm's profits and optimal wage rates, and on the distribution of workers' earnings, when … workers compare their earnings with those of co-workers. We consider a low-productivity worker who receives lower wage … earnings than a high-productivity worker. When the low-productivity worker derives (dis)utility not only from his own effort …

Prior research shows that firms generating earnings growth by improving profitability create shareholder value, while … firms generating earnings growth through investment destroy value. This paper examines whether compensation committees … compensation growth to growth from investment. Our results highlight the importance of understanding the nature of earnings growth …

, incentives to manipulate earnings for the purpose of enhancing earnings-based compensation are greater in CEOs' terminal years …. We predict that compensation committees are aware of these incentives and adjust the relative weights placed on earnings … by outgoing CEOs. Overall, our findings suggest that compensation committees treat components of earnings differently …

to stock volatility sensitivity (vega) are more likely to be associated with voluntary non-GAAP earnings information …-GAAP earnings information disclosures. Robust to alternative specifications and estimations, our findings suggest that compensation …

The state of the art in the analyst forecasting literature is that analyst earnings forecast ability is only firm … absence of a “spillover” effect, i.e., investors do not consider an analyst's earnings forecast ability regarding firm k when … reacting to his earnings forecast revision for firm j. We re-examine the issue of whether or not earnings forecast ability is …

represent significant increases in worker earnings; the average gift paid to workers attains 22% of average expected earnings in …