We explore how CEO power impacts executive option repricing. The spread between the option strike price and the market value of the stock impacts the likelihood of repricing. This effect is enhanced when the CEO is the Chairman of the Board. Firm and CEO visibility, having more board members...

We explore how CEO power impacts executive option repricing. The spread between the option strike price and the market value of the stock impacts the likelihood of repricing. This effect is enhanced when the CEO is the Chairman of the Board. Firm and CEO visibility, having more board members...

We examine the blending of informational and political forces in organizational categorizations in the context of chief executive officer (CEO) compensation. By law, corporate boards are required to provide shareholders with annual justifications for their CEO pay allocations that contain an...

This theoretical article introduces the construct of CEO celebrity in order to explain how the tendency of journalists to attribute a firm's actions and outcomes to the volition of its CEO affects such firm. In the model developed here, journalists celebrate a CEO whose firm takes strategic...