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CEO compensation : evidence from the field

Edmans, Alex; Gosling, Tom; Jenter, Dirk - 2021

incentives, and why peer firm pay matters beyond retention concerns. Fairness also matters to investors, with shareholder returns …

Persistent link: https://www.econbiz.de/10012584217

Ending Executive Manipulations of Incentive Compensation

Avci, Sureyya - 2016

In this article, we analyze whether the manipulation of stock options still continues to this day. Our evidence shows that executives continue to employ a variety of manipulative devices to increase their compensation, including backdating, bullet-dodging, and spring- loading. Overall, we find...

Persistent link: https://www.econbiz.de/10012997720

Compensation and Employment Contracts of Powerful CEOs

Song, Wei-Ling - 2016

This paper examines why powerful CEOs are paid more in total compensation. Broadly, our results are consistent with the managerial ability view. First, CEO power is endogenously determined reflecting the CEO's ability. Specifically, founder-CEOs are more powerful than professional- and heir-CEOs...

Persistent link: https://www.econbiz.de/10012999536

Policy Uncertainty, Corporate Risk-Taking, and CEO Incentives

Ion, Mihai - 2017

-taking incentives are a significant determinant of the effect of policy uncertainty on the real economy …

Persistent link: https://www.econbiz.de/10012947474

Treatment of Outliers : Firm Heterogeneity in Managerial Incentive and Corporate Innovation

Ho, Wai-Tung - 2018

Ordinary least squares (OLS) estimates are frequently used to measure the effects of managerial incentives on corporate …

Persistent link: https://www.econbiz.de/10012927101

Executive stock options, differential risk-taking incentives, and firm value

Armstrong, Christopher; Vashishtha, Rahul - In: Journal of financial economics 104 (2012) 1, pp. 70-88

Persistent link: https://www.econbiz.de/10009550151

Incentives from stock option grants : a behavioral approach

Bahaji, Hamza - In: Review of accounting & finance 10 (2011) 3, pp. 200-227

Persistent link: https://www.econbiz.de/10009311678

How important are risk-taking incentives in executive compensation?

Dittmann, Ingolf; Yu, Ko-Chia - 2009

-taking incentives in addition to effort incentives. We develop a stylized principal-agent model that captures the interdependence … between firm risk and managerial incentives. We calibrate the model to individual CEO data and show that it can explain … with the almost uniform use of at-the-money stock options. We conclude that the provision of risk-taking incentives is a …

Persistent link: https://www.econbiz.de/10011378949

Stock options and managerial incentives for risk taking : evidence from FAS 123R

Hayes, Rachel M.; Lemmon, Michael L.; Qiu, Mingming - In: Journal of financial economics 105 (2012) 1, pp. 174-190

Persistent link: https://www.econbiz.de/10009622427

Incentive alignment through performance-focused shareholder proposals on management compensation

Fortin, Steve; Subramaniam, Chandra; Wang, Xu; Zhang, … - In: Journal of contemporary accounting & economics 10 (2014) 2, pp. 130-147

Persistent link: https://www.econbiz.de/10010407929