Results 151 to 160 of about 126,289 (334)
Optimal Corporate Governance Structures [PDF]
This paper explores how motivating an incumbent CEO to make investments that improve the effectiveness of the firm organization under his management interacts with the replacement policy of the board of directors. We characterize the optimal compensation
Andres Almazan, Javier Suarez
core
Researcher–Entrepreneur Relationship and Performance of Innovative Startups
International Journal of Finance &Economics, EarlyView.ABSTRACT Many innovative startups are joint ventures between researchers and entrepreneurs, who collaborate in R&D and product commercialization. Government policies such as grants, subsidies, and patent licensing fees act as Pigouvian subsidies, incentivizing R&D by bridging the gap between the social and private returns of innovation.
Yangguang Huang, Helen Hui
wiley +1 more source
What influences the Changes in REIT CEO Compensation?: Evidence from Panel Data [PDF]
This study examines what influences the changes in REIT CEO compensation using the following performance measures: average three-year total returns to shareholders, market value added, Tobin's q, and change in funds from operations.
H. Shelton Weeks +2 more
core
Bank Income Smoothing, Societal Patriarchy and Policy Uncertainty
International Journal of Finance &Economics, EarlyView.ABSTRACT Using a sample of 745 banks from 26 OECD countries over the period 1997–2023, we investigate the moderating effects of societal patriarchy on bank income smoothing (IS), amidst policy uncertainty (PU). Results indicate that in periods of high PU, banks operating in highly patriarchal societies tend to curtail the use of loan loss provisions ...
Tanveer Ahsan +4 more
wiley +1 more source
Market value of R&D, patents, and CEO characteristics
Financial InnovationThe contribution of knowledge capital to firm value has increased significantly, from 25% in the 1970s to 45% in the 2010s (Belo et al. in Decomposing firm value J Financ Econ 143:619–639, 2022).
Lipeng Wang +2 more
doaj +1 more source
Performance Incentives, Performance Pressure and Executive Turnover [PDF]
We examine the relationship between the optimal incentive contract and the firm’s decision to fire a manager for poor performance. We first derive some theoretical results using a simple principal-agent model, and then examine the empirical evidence on ...
Atreya Chakraborty +2 more
core
Optimizing Executive Cash Bonuses: The Nonlinear Impact of Executive Cash Bonuses and Strategic Fit
Journal of Corporate Accounting &Finance, EarlyView.ABSTRACT This study examines how aligning executive cash bonuses with firm strategic orientation influences firm performance. While prior research mainly focuses on stock‐based incentives and linear effects, we address critical gaps by analyzing cash bonuses and exploring nonlinear relationships using polynomial regression and response surface analysis.
Yao‐Tien Lee +3 more
wiley +1 more source
The influence of CEO narcissism on the design of compensation mechanisms: is there a bright side on this personality trait? [PDF]
, 2022 Yuri Gomes Paiva Azevedo
openalex +1 more source
Origin of CEO and Compensation Strategy: Differences between Insiders and Outsiders [PDF]
, 2002 Increasingly, U.S. firms are hiring their new CEOs from outside the firms. This study investigates the differences in compensation between outsider CEOs and insider CEOs from three dimensions: pay level, pay and performance link, and pay mix.
Milkovich, George T., Yanadori, Yoshio
core +1 more source
Journal of Corporate Accounting &Finance, EarlyView.ABSTRACT This study examines the implications of the use of nonfinancial performance metrics in executive compensation (hereafter, NFPM‐linked pay) on corporate risk‐taking and firm performance in subsequent periods. Using hand‐collected data on the performance metric choices of S&P 500 firms and a comprehensive set of proxies for corporate risk‐taking,
Wan‐Ting (Alexandra) Wu
wiley +1 more source