Showing 1 - 10 of 98,890
We examine the effect of corporate asset-backed securitization on managerial compensation. We find that CEO … compensation increases after securitization of corporate assets, which is consistent with two distinct theoretical views: (1) asset …-backed securitization improves the efficiency of performance-based compensation as corporate performance becomes a better signal of …
Persistent link: https://www.econbiz.de/10013093991
employed as a way of asset appropriation at the managers' discretion. The results also confirm that corporate governance is …
Persistent link: https://www.econbiz.de/10010490450
Persistent link: https://www.econbiz.de/10010479631
This study investigates the impact of excluding stock options for non-executive directors (NEDs) on the relationship between executive pay and firm performance. The research focuses on accounting measures and market performance. Using a sample of 220 non-financial firms, including 110 listed...
Persistent link: https://www.econbiz.de/10014503330
Research Question/Issue: Does inside debt compensation affect previous thought on compensation effects in IPOs? What explains variation in compensation when a company goes public? What is the composition of CEO compensation in an IPO? What types of compensation may be more optimal for or are...
Persistent link: https://www.econbiz.de/10014230461
Persistent link: https://www.econbiz.de/10011951843
Persistent link: https://www.econbiz.de/10011343874
The Sarbanes-Oxley Act of 2002 (SOX) imposed stringent requirements on corporate executives to hold them more accountable for their management decisions. This act has ramifications for executive pay as well. This study investigates the lessening effects of SOX on the association between...
Persistent link: https://www.econbiz.de/10013368360
Persistent link: https://www.econbiz.de/10010407913
financial performance based on corporate awards in SOEs are both stronger than in non-SOEs. Moreover, when managers cannot fully … obtain other forms of incentives (such as perk consumption or equity incentives), the effect of corporate awards on managers …
Persistent link: https://www.econbiz.de/10012654037