Showing 1 - 10 of 23,070
Persistent link: https://www.econbiz.de/10012183601
Persistent link: https://www.econbiz.de/10011849637
Persistent link: https://www.econbiz.de/10010530230
Persistent link: https://www.econbiz.de/10010250681
Persistent link: https://www.econbiz.de/10012272088
Persistent link: https://www.econbiz.de/10011904788
Persistent link: https://www.econbiz.de/10014227230
Persistent link: https://www.econbiz.de/10014474923
Persistent link: https://www.econbiz.de/10011428910
This paper investigates whether observed executive compensation contracts are designed to provide risk-taking incentives in addition to effort incentives. We develop a stylized principal-agent model that captures the interdependence between firm risk and managerial incentives. We calibrate the...
Persistent link: https://www.econbiz.de/10011378949