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This paper examines multi-period compensation contracts when retirement is anticipated. Short-term contracts in long … increase as managers approach retirement. Earnings persistence is negatively associated to earnings-based incentive rates but …, towards retirement, high earnings persistence implies increasing earnings-based incentive rates …
Persistent link: https://www.econbiz.de/10014038792
retirement before the termination of the contract. When retirement is an event which occurs exogenously and information is … workers who will retire early (the "bad" workers) from applying for these jobs. Secondly, we endogenize the retirement … the "bad" workers. These asymmetries in the information lead to an excess of retirement compared to the full information …
Persistent link: https://www.econbiz.de/10010379224
retirement before the termination of the contract. When retirement is an event which occurs exogenously and information is … workers who will retire early (the 'bad' workers) from applying for these jobs. Secondly, we endogenize the retirement … the 'bad' workers. These asymmetries in the information lead to an excess of retirement compared to the full information …
Persistent link: https://www.econbiz.de/10013051435
Persistent link: https://www.econbiz.de/10003863217
bulk of research concentrates on the push-pull factors for early retirement vs. the continuation of work life until the … overlooked: for those who continue work beyond the age at which full government pension benefits are available (i.e., post-retirement … presumptive prevailing common convictions, we found that for post-retirement agency workers financial motives or needs seem less …
Persistent link: https://www.econbiz.de/10009712701
of the key actors. The report goes into greater detail on the topic of paid work after retirement, which is considered an … important part of the Czech economy, despite the fact that the employment of sizable groups of older workers after retirement is …
Persistent link: https://www.econbiz.de/10010252171
We study the impact retirement has on how CEOs spend R&D funds. Consistent with retiring CEOs' short horizons and … growing conservatism, we find evidence that CEOs tend to prefer incremental innovations as they approach retirement. Using … CEOs pursue incremental innovations to a greater extent than non-founder CEOs close to retirement. However, a normal “relay …
Persistent link: https://www.econbiz.de/10012973250
Introduction. Little research has been done on the retirement transition of military officers to second careers in the … civilian sector. This study takes an in-depth look at the process of retirement from the MHS and transition to civilian … could fall back on, and had to transition to leadership roles. Results. A four-stage model of retirement emerged consisting …
Persistent link: https://www.econbiz.de/10013242341
almost entirely by executives of retirement age. We further provide evidence that executives time their retirement to … corporate governance, which suggests that retirement cyclicality is a tool firms use to constrain CEO behavior …
Persistent link: https://www.econbiz.de/10012168936
Effective as of December, 2006, an end to mandatory retirement was legislated in Ontario. Prior to this move, some … employers and labour organizations were opposed to eliminating mandatory retirement and expressed concern about the negative …’ (N = 415) perceptions of the impact of the elimination of mandatory retirement in Ontario. Compared with HR managers in …
Persistent link: https://www.econbiz.de/10014195790