Discussion of 'Are CEOs Compensated for Value Destroying Growth in Earnings?'

This discussion provides several explanations for the evidence presented in Balachandran and Mohanram (2010) that are consistent with efficient contracting. I also show that - contrary to the suggestion of the title - CEOs do not benefit from value destroying growth in earnings. Finally, I argue that there is no conclusive evidence that corporate investments destroy value

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Year of publication:	2010
Authors:	Dittmann, Ingolf
Publisher:	[2010]: [S.l.] : SSRN
Subject:	Managervergütung \| Executive compensation \| Kapitaleinkommen \| Capital income \| Regressionsanalyse \| Regression analysis \| Gewinnquote \| Rate of profit \| Deskriptive Statistik \| Descriptive statistics \| Eigentümerstruktur \| Ownership structure

Extent:	1 Online-Ressource (8 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Review of Accounting Studies, Vol. 15, pp. 578-583, 2010 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments March 4, 2010 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013149438