of evidence that independent director reputation incentives influence the supply of director services. These reputation … incentives vary across firms and over time, significantly influencing important board decisions and firm outcomes. When more …

and bondholder-aligned CEO compensation components, particularly when CEOs have greater incentives to take and shift risk …

of aligning managers' interests with those of shareholders. We also document that future changes to equity …-based incentives are related to voting outcomes and that shareholders incorporate CFO incentives into their votes. Collectively, these … evidence that shareholders tend to approve of compensation packages that are more sensitive to changes in stock price (pay …

This paper investigates the effects of board of director collusion on managerial incentives and firm values. Recent … governance policies, such as managerial pay, and curbing competition. We study a model where managers can exert unobservable cost …-cutting effort and investigate the consequences of and the incentives for coordinating managerial pay among corporate boards …

This paper investigates the effects of board of director collusion on managerial incentives and firm values. Recent … governance policies, such as managerial pay, and curbing competition. We study a model where managers can exert unobservable cost …-cutting effort and investigate the consequences of and the incentives for coordinating managerial pay among corporate boards. …

it can destroy the ex ante efficient trade-off between risk and incentives under the presence of renegotiation …

(CEO) relative inside leverage to proxy for the incentives of risk-averse managers, we find that CEOs with higher inside …We provide evidence concerning the effect of managerial risk-taking incentives on merger and acquisition (M … leverage are more likely to engage in vertical mergers, and those mergers generate lower announcement returns for shareholders …