Showing 1 - 10 of 20
We examine the relation between R&D intensity and the weights on ability indicators and financial performance measures in CEO compensation. The CEO’s technology-related ability is likely more important in R&D intensive firms. Therefore, we predict that these firms place higher weights on...
Persistent link: https://www.econbiz.de/10014042847
Persistent link: https://www.econbiz.de/10009711751
This study focuses on the relation between current compensation and past performance measures as signals of a CEO’s ability. We develop a simple two-period principal-agent model with moral hazard and adverse selection and test theoretical predictions using CEO compensation data from 1993-2006....
Persistent link: https://www.econbiz.de/10014040457
Persistent link: https://www.econbiz.de/10010416809
Persistent link: https://www.econbiz.de/10011522132
Prior studies of CEO power have mostly focused on internal corporate governance as the balance of CEO power but neglected the effect of labor. We attempt to explore the power play between the CEO and labor in a special type of corporate restructuring - outsourcing. Fundamentally, outsourcing may...
Persistent link: https://www.econbiz.de/10013070192
We develop a model of a cooperative power game between a chief executive officer (CEO) and labor over a proposed corporate outsourcing, and test the model’s predictions concerning the decision to outsource, division of profits, and post-outsourcing firm performance using a sample of...
Persistent link: https://www.econbiz.de/10013404124
Persistent link: https://www.econbiz.de/10013459350
Persistent link: https://www.econbiz.de/10013490746
Almost 30 years after the introduction of the CIO position, the ideal CIO reporting structure (whether the CIO should report to the CEO or the CFO) is yet to be prescribed. There is an intuitive assumption among some proponents of IT that the CIO should always report to the CEO to promote the...
Persistent link: https://www.econbiz.de/10013070264