. However, recent evidence suggests that high-powered incentives also provide managers with incentives to manipulate the firm … firm hierarchy — division managers and Chief Financial Officers — are likely to have similar incentives, and perhaps even …Performance-based pay is an important instrument to align the interests of managers with the interests of shareholders …

administrative roles. To what extent is this gender structure in teaching a response to economic incentives from the labour market …

This paper examines the relation between tournament incentives and reserve management. We find a positive relation … between internal tournament incentives and reserve errors, implying that a larger pay gap as a tournament prize induces vice … profitability. In addition, we find the impact of internal tournament incentives on the reserve error is more pronounced for larger …

entrenched managers. Specifically, they manage abnormal accruals downwards two quarters prior to the AGM and significantly … increase abnormal accruals in the quarter immediately before the AGM. Our evidence is consistent with AGMs triggering managers …

executive compensation and is more difficult to monitor. This paper examines whether managers use real earnings management in … opportunity. We find evidence that managers who have SERPs in place are significantly more likely to choose ASRs versus OMRs. We …