Showing 31 - 40 of 50,133
Persistent link: https://www.econbiz.de/10001221682
Persistent link: https://www.econbiz.de/10001421807
In this study, we examine the strategic intraday and intraweek timing of management forecast announcements based on whether they contain good or bad news. In contrast to past research using highly visible earnings announcements, unscheduled voluntary management forecasts provide a setting in...
Persistent link: https://www.econbiz.de/10013039315
This paper shows that long-term shareholders embed horizon incentives in executive compensation contracts as a mechanism to promote long-term oriented managerial behavior. Increases in long-term institutional ownership lead to longer equity vesting periods measured by CEO pay duration. Further,...
Persistent link: https://www.econbiz.de/10012898855
This paper presents a model of a firm that backdates the granting of executive stock options in order to maximize actual compensation for a given level of reported compensation. The model is used to estimate the magnitude of the difference between the actual and reported values of option grants....
Persistent link: https://www.econbiz.de/10012857024
Shelf offerings and Non-Shelf offerings. The main results suggest that overconfident managers are generally no less likely … to perform an SEO than their moderately confident peers; however, they are less likely to time their SEOs alongside … increased stock returns. Additionally, I find that SEO announcements made by overconfident managers are immediately followed by …
Persistent link: https://www.econbiz.de/10013019764
Persistent link: https://www.econbiz.de/10012514490
Persistent link: https://www.econbiz.de/10012655179
Persistent link: https://www.econbiz.de/10012655524
Persistent link: https://www.econbiz.de/10012607498