Similar Search Results

The Relationship between CEO Gender, Financial Performance and Financial Management

Jalbert, Terrance - 2013

In recent years, the number of female Chief Executive Officers (CEO's) at large firm's has increased to the point that it is possible to statistically compare the performance and management characteristics of firms managed by CEO's of different genders. This paper is an exploratory study that...

Persistent link: https://www.econbiz.de/10013086684

Do Compensation Consultants Have Distinct Styles?

Cai, Chen - 2016

potential for client firms' managers to take actions in their self-interest or (ii) consultants face conflicts of interest …

Persistent link: https://www.econbiz.de/10013000181

Comprehensive Income : Who's Afraid of Performance Reporting?

Bamber, Linda Smith - 2010

comprehensive income in a performance statement. Our empirical evidence on a broad cross-section of firms shows that managers with …, managers act as if they believe that comprehensive income reporting location matters …

Persistent link: https://www.econbiz.de/10013152881

Clawback Provisions in Executive Compensation Contracts

Stark, Johanna - 2020

Clawbacks are contractual provisions in executive compensation contracts that allow for an ex post recoupment of variable pay if certain triggering conditions are met. As a result of regulatory responses to financial crises and corporate scandals as well as of growing shareholder pressure to...

Persistent link: https://www.econbiz.de/10012833330

Inducement Grants, Hiring Announcements and Adverse Selection for New CEOs

Cadman, Brian D. - 2019

We examine how adverse selection problems when hiring new external CEOs affect contractual features of inducement grants. Focusing on the sensitivity of inducement grants to the new CEO announcement return ($Sensitivity), we find that firms provide inducement grants that are more sensitive to...

Persistent link: https://www.econbiz.de/10012903264

Are Top Management Teams Compensated as Teams? A Structural Modeling Approach

Li, Chen - 2019

. The results favor the team perspective under which unilateral shirking is assumed infeasible for managers. The analysis …-based measures of agency costs. The risk premium can explain up to 37% of total compensation for higher-paid managers in large firms …. This upper bound is higher than that of lower-paid managers and all managers in small firms. Shareholders could experience …

Persistent link: https://www.econbiz.de/10012904639

Relative Performance Evaluation in CEO Compensation : A Talent-Retention Explanation

De Angelis, David - 2019

Relative performance evaluation (RPE) in CEO compensation can be used as a commitment device to pay CEOs for their revealed relative talent. We find evidence consistent with the talent-retention hypothesis, using two different approaches. First, we examine the RPE terms in compensation contracts...

Persistent link: https://www.econbiz.de/10012904916

Are Top Management Teams Compensated as Teams? A Structural Modeling Approach

Li, Chen - 2019

Persistent link: https://www.econbiz.de/10012899926

The Retention Effects of Unvested Equity : Evidence from Accelerated Option Vesting

Jochem, Torsten - 2018

We document that firms can effectively retain executives by granting deferred equity pay. We show this by analyzing a unique regulatory change (FAS 123-R) that prompted 723 firms to suddenly eliminate stock option vesting periods. This allowed CEOs to keep 33% more options when departing the...

Persistent link: https://www.econbiz.de/10012937264

The Impact of Financial Distress on CEO Compensation in the United States

Verhasselt, Gertjan - 2017

This M.A. dissertation presents a study of the influence of financial distress on CEO compensation in the United States. It focuses on the four main components of executive compensation: salary, bonus, restricted stock and stock options. More specifically, I apply linear regression to panel data...

Persistent link: https://www.econbiz.de/10012944997