An appropriate measure of corporate performance is believed to be highly correlated to firm value on one hand and … paper examines the power of select performance measures in discriminating the Positive and Negative Value creation of the … companiesExamination of the discriminating power of the performance measures for the pooled cross section of data reveals that the EVA has …

the collection and use of information for the purpose of subjective performance evaluation. I find that managers with self …-evaluations afterwards. My findings increase our knowledge about the role of subjective performance evaluations in modern organizational …

We model relative performance evaluation (RPE) when a Chief Executive Officer (CEO) has the power to opportunistically … benefits of receiving a higher bonus by economizing on expected peer-group performance. The Board of Directors (BoD) is less … CEOs choose to reduce common risk only partially and that BoDs choose to not implement RPE if expected peer performance is …

performance is rewarded or individual performance is rewarded. Pre-decision information only affects agents’ incentives, which in … turn depend on the type of performance evaluation system. With public information and group performance measures, the … high state is more informative, so the principal prefers to be able to distinguish the states. With individual performance …

remedy to the problem, proposed a firm's commitment to incomplete use of past performance in setting future targets. In this … achievement level, the type of a performance measure, and the importance weight. Using a confidential dataset that consists of 1 …,208 performance-measure-year observations with the complete set of information including targets, actual performance, and importance …

can use compensation awards that increase managerial performance incentives (delta) and risk-taking incentives (vega) in …

Using data that includes specific contractual details of Relative Performance Evaluation (RPE) contracts granted to … accounting performance and RPE awards of cash contingent on accounting performance convey the incentive to increase firm risk …