Narrow search
Showing 1 - 10 of 12,913
Cover Image
Asset management contracts and equilibrium prices
Buffa, Andrea; Vayanos, Dimitri; Woolley, Paul - 2014
Persistent link: https://www.econbiz.de/10010410775
Cover Image
Stock-based compensation and CEO (dis)incentives
Benmelech, Efraim; Kandel, Eugene; Veronesi, Pietro - 2008
"Stock-based compensation is the standard solution to agency problems between shareholders and managers. In a dynamic … managers to work harder, it also induces them to hide any worsening of the firm's investment opportunities by following largely …-valued while managers hide the bad news to shareholders. We find that a firm-specific compensation package based on both stock and …
Persistent link: https://www.econbiz.de/10003627552
Cover Image
Contractual Managerial Incentives with Stock Price Feedback
Lin, Tse-Chun - 2019
into an otherwise standard contracting framework, and analyze optimal pay-for-performance when managers use information …
Persistent link: https://www.econbiz.de/10012901630
Cover Image
Managerial Incentives Explanation of Equity Carve-Outs Initial Returns
Seistrajkova, Biljana - 2017
This paper studies the first day return of 227 carve-outs during 1996-2013. I find that the first day return of newly issued subsidiary stocks is explained by the reporting distortions in the pre IPO period, conditioned on whether the executives and directors of the subsidiary received stock...
Persistent link: https://www.econbiz.de/10012970504
Cover Image
Independent Director Reputation Incentives and Stock Price Informativeness
Sila, Vathunyoo - 2017
We find that when more independent directors rank a directorship high, the firm-specific information content in a firm's stock price increases. Further, independent directors with high reputation incentives serve firms that voluntarily disclose more information and display lower crash risk. We...
Persistent link: https://www.econbiz.de/10012971075
Cover Image
Executive Stock-Based Compensation : A Case Study in Valuing Employee Stock Options and Restricted Stock Issues in a Breach of Contract Case
Steward, Dwight - 2010
In this case study, the former CEO of a large telecommunication company filed a lawsuit against her former employer that alleged that the company's contract breach resulted in the loss ESO grants and diminished the value of the vested ESOs that she held at the time of the alleged contract...
Persistent link: https://www.econbiz.de/10013147170
Cover Image
Stock-Based Compensation and CEO (Dis)Incentives
Benmelech, Efraim - 2008
Stock-based compensation is the standard solution to agency problems between shareholders and managers. In a dynamic … managers to work harder, it also induces them to hide any worsening of the firm's investment opportunities by following largely …-valued while managers hide the bad news to shareholders. We find that a firm-specific compensation package based on both stock and …
Persistent link: https://www.econbiz.de/10012464915
Cover Image
Asset management contracts and equilibrium prices
Buffa, Andrea M.; Vayanos, Dimitri; Woolley, Paul - In: Journal of political economy 130 (2022) 12, pp. 3146-3201
Persistent link: https://www.econbiz.de/10013548065
Cover Image
Essays on incentive contracts, M&As, and firm risk
An, Suwei - 2023
Persistent link: https://www.econbiz.de/10013549808
Cover Image
Stock-based compensation and insider trading with liquidity signal
Hahn, Guangsug; Kwon, Joon Yeop - In: Korea and the world economy 23 (2022) 3, pp. 167-184
Persistent link: https://www.econbiz.de/10013490763