Similar Search Results

Pitfalls and perils of financial innovation : the use of CDS by corporate bond funds

Adam, Tim; Güttler, André - 2015

relative to single managers. During the financial crisis, however, the performance premium of teams becomes negative, which may …

Persistent link: https://www.econbiz.de/10010503931

Are stewardship and valuation usefulness compatible or alternative objectives of financial accounting?

Gassen, Joachim (contributor) - 2008

In their joint framework project, the FASB and the IASB recently proposed dropping stewardship as a separate objective of financial accounting, because the Boards view stewardship and valuation usefulness as compatible sub-objectives ranking under an overall objective of decision usefulness....

Persistent link: https://www.econbiz.de/10003693060

Is scientific performance a function of funds?

Zharova, Alona; Härdle, Wolfgang; Lessmann, Stefan - 2017

The management of universities demands data on teaching and research performance. While teaching parameters can be … measured via student performance and teacher evaluation programs, the connection of research outputs and their grant …

Persistent link: https://www.econbiz.de/10011760360

What renders financial advisors less treacherous? : on commissions and reciprocity

Angelova, Vera - 2016

An advisor is supposed to recommend a financial product in the best interest of her client. However, the best product for the client may not always be the product yielding the highest commission to the advisor. Do advisors nevertheless provide truthful advice? If not, will a voluntary or...

Persistent link: https://www.econbiz.de/10011530061

Do voluntary payments to advisors improve the quality of financial advice? : an experimental sender-receiver game

Angelova, Vera; Regner, Tobias - 2016

The market for retail financial products (e.g. investment funds or insurance) is marred by information asymmetries. Clients are not well informed about the quality of these products. They have to rely on the recommendations of advisors. Incentives of advisors and clients may not be aligned, when...

Persistent link: https://www.econbiz.de/10011530065

Executive compensation regulation and the dynamics of the pay-performance sensitivity

Sabiwalsky, Ralf - 2010

performance for European firms suggest that the pay-performance sensitivity is not significantly positive. We argue that a … nonlinear structure fits the data better, because compensation contracts provide for minimum performance benchmarks and an upper … limit to the variable component of compensation. We test for such discontinuities in the pay performance relationship, and …

Persistent link: https://www.econbiz.de/10008749875

Promotion tournaments and individual performance pay

Schöttner, Anja (contributor); Thiele, Veikko (contributor) - 2007

We analyze the optimal combination of promotion tournaments and individual performance pay in an employment … candidate. Thus, we give a possible explanation for why individual performance schemes are less often observed in practice than …

Persistent link: https://www.econbiz.de/10003634017

Relational contracts and inequity aversion

Kragl, Jenny (contributor); Schmid, Julia (contributor) - 2006

agents. Performance is evaluated via an observable, but non-contractible signal which reflects the agent's individual …

Persistent link: https://www.econbiz.de/10003402360

Are CEOs in family firms paid like bureaucrats? : evidence from Bayesian and frequentist analyses

Block, Jörn (contributor) - 2008

The relationship between CEO pay and performance has been much analyzed in the management and economics literature …

Persistent link: https://www.econbiz.de/10003727332

Fair re-valuation of wine as an investment

Bocart, Fabian Y. R. P.; Hafner, Christian M. - 2013

The prices of wine is a key topic for market participants interested in valuing their stock, including dealers, restaurants or consumers who may be interested in optimizing their purchases. As a closely related issue, re-valuation is the need to regularly update the value of a stock. This need...

Persistent link: https://www.econbiz.de/10009738259