the owner's capacity to monitor delegated managers. We show how resultant misaligned managerial incentives can translate …

the level of implementation of various incentives in three countries: Slovenia, Serbia, Bosnia and Herzegovina. The …

all cases, explicit, non-discretionary ESG incentives are economically insignificant relative to executives’ incentives to … companies, explicit, non-discretionary ESG incentives were incorporated only in annual bonus plans. One sample company – Duke …. While this approach could be seen as a roadmap for those seeking meaningful ESG-based pay incentives, this Article concludes …

incentives. To circumvent this problem, I form an estimate of the changes in CEO incentives caused by exogenous stock price … measure of the CEO's discretion over her incentive portfolio and show that the greater this discretion the less incentives …

In this study we analyze how CEO risk incentives affect the efficiency of research and development (R&D) investments … may induce managers to overinvest in inefficient R&D projects and therefore hurt firm performance …

incentive-based compensation, consistent with theoretical predictions that termination incentives can substitute for incentive … pay. Further, holdbacks are positively associated with abnormal compensation, consistent with arguments that managers …

%. The Pay Gap between the CEO and its subordinate executives (tournament incentives) also plays a major role in lowering IPO … failure risk. The effectiveness of CEO pay is strengthened among well-governed firms, whereas tournament incentives are …

CEO incentives to mitigate the risk-shifting incentives of firm managers …This paper investigates whether monitoring by bank lenders affects CEO incentives of borrowing firms. We find that an … increase in bank monitoring incentives significantly reduce the sensitivity of CEO wealth to stock return volatility (Vega …