The results of this paper add significant contributions to the earlier findings that investigated various incentives to CEO's, contingent on future returns. This paper chooses a long time horizon, and revisits the challenges of aligning CEO Compensation with Performance and Shareholders' best...

The paper argues that bond investors (and, implicitly large creditors in general), may not necessarily demonstrate the “Investors' Smartness” that some previous studies attributed to large institutional holders, when it comes to pricing-in for economic shocks likely to occur in future. This...

Humans rely on nature for various ecosystem services to enhance their well-being. However, the gains in human well-being have been achieved at the losses in many ecosystem services. One of the key challenges in ecosystem service science is to determine how to manage ecosystems for multiple...