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acquisition synergies, and better future operating performance. We also find that post-acquisition goodwill impairments and post …
Persistent link: https://www.econbiz.de/10012938653
An internal audit function (IAF) should positively impact financial reporting and governance, and add value to its organization. We provide evidence on IAF factors (i.e., characteristics, activities, work areas) associated with these types of impact and whether these factors, and their influence...
Persistent link: https://www.econbiz.de/10013037554
This study contributes to identifying common distress patterns in financial indicators by sector and country in Finland, France, Germany, Italy, Portugal, and Spain as well as ex-post signals of reorganization success. We use PDFR that provides a distance-to-failure measure and allows us to...
Persistent link: https://www.econbiz.de/10014359216
Persistent link: https://www.econbiz.de/10010422903
firm performance. The largest pay-performance effect emerges for long-term incentive pay. We also show that by ignoring … contracts rather than managerial entrenchment. CEO Pay ; Dynamic Panel Data Analysis ; Pay for Performance ; Convergence …
Persistent link: https://www.econbiz.de/10009562228
performance. Second, pay disparity between managers located in different states decreases relative to that of co-located managers …
Persistent link: https://www.econbiz.de/10013082812
This paper analyses the regulatory framework which applies to the determination of directors' remuneration in Europe and the extent to which European firms follow best practices in corporate governance in this area, drawing on an empirical analysis of the governance systems which European firms...
Persistent link: https://www.econbiz.de/10013158967
that Australian contracts are much more apt to include performance hurdle requirements before CEOs can receive restricted …
Persistent link: https://www.econbiz.de/10012857530
CEO pay determination. CEO pay is positively associated with lagged performance, with the largest pay-performance effect … pay-performance effects. Analysis of convergence shows a clear pattern of catch up among firms. We conclude that both …
Persistent link: https://www.econbiz.de/10014171042
We investigate the difference between monetary incentives and monetary gifts on employees’ performance using a firm … first treatment, the store managers receive a monthly bonus depending on profit increases (performance pay). In the second …, performance pay on average significantly outperforms the gift by approximately 8% in profit increases. However, we also find …
Persistent link: https://www.econbiz.de/10013296611