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Cash holdings and CEO risk incentive compensation : effect of CEO risk aversion

Feng, Harry; Rao, Ramesh P. - In: International review of financial analysis 60 (2018), pp. 162-176

Persistent link: https://www.econbiz.de/10012007560

Uncertainty and the value of cash holdings

Im, Hyun Joong; Park, Heungju; Zhao, Gege - In: Economics letters 155 (2017), pp. 43-48

Persistent link: https://www.econbiz.de/10011821543

Pay schemes, bargaining, and competition for talent

Lindbeck, Assar; Weibull, Jörgen W. - 2015

bargain over the pay scheme to the latter. The bargaining outcome depends both on competition for agents and on the relative … rate depend on competition and bargaining power. We also analyze the nature of contracts when the agent is overconfident. …

Persistent link: https://www.econbiz.de/10011430678

Tournaments with gaps

Imhof, Lorens; Kräkel, Matthias - 2013

A standard tournament contract specifies only tournament prizes. If agents' performance is measured on a cardinal scale, the principal can complement the tournament contract by a gap which defines the minimum distance by which the best performing agent must beat the second best to receive the...

Persistent link: https://www.econbiz.de/10010198511