Nothing Special   »   [go: up one dir, main page]

create a website
Explaining the Association between Monitoring and Controversial CEO Pay Practices: an Optimal Contracting Perspective. (2014). Sahuguet, Nicolas ; Chaigneau, Pierre.
In: Cahiers de recherche.
RePEc:lvl:lacicr:1406.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 49

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Acharya, V., Volpin, P.F., 2010, Corporate governance externalities. Review of Finance, 14, 1-33.

  2. Ackerberg, D.A., Botticini, M., 2002, Endogenous matching and the empirical determinants of contract form. Journal of Political Economy, 110 (3), 564-591.

  3. Aghion, P., Van Reenen, J., Zingales, L., 2013, Innovation and institutional ownership. American Economic Review, 103 (1), 277-304.

  4. Agrawal, A., Knoeber, C.R., Tsoulouhas, T., 2006, Are outsiders handicapped in CEO successions? Journal of Corporate Finance, 12 (3), 619-644.

  5. Beaudry, P., DiNardo, J., 1991, The effect of implicit contracts on the movement of wages over the business cycle: evidence from micro data. Journal of Political Economy, 99 (4), 665-688.

  6. Bebchuk, L.A., Fried, J.M., 2003, Executive compensation as an agency problem. Journal of Economic Perspectives, 17 (3), 71-92.

  7. Bell, B.D., Van Reenen, J., 2013, Extreme wage inequality: pay at the very top. American Economic Review, 103 (3), 153-157.

  8. Bertrand, M., Mullainathan, S., 2001, Are CEOs rewarded for luck? The ones without principals are. Quarterly Journal of Economics, 116 (3), 901-929.

  9. Burkart, M., Gromb, D., Panunzi, F., 1997, Large shareholders, monitoring, and the value of the firm. Quarterly Journal of Economics, 112 (3), 693-728.

  10. Cao, M., Wang, R., 2013, Optimal CEO compensation with search: theory and empirical evidence. Journal of Finance, 68 (5), 2001-2058.

  11. Core, J.E., Holthausen, R.W., Larcker, D.F., 1999, Corporate governance, chief executive compensation, and firm performance. Journal of Financial Economics, 51, 371-406.

  12. Cornelli, F., Kominek, Z., Ljungqvist, A., 2013, Monitoring managers: does it matter? Journal of Finance, 68 (2), 431-481.

  13. Cremers, K.J.M., Grinstein, Y., 2013, Does the market for CEO talent explain controversial CEO pay practices? Review of Finance, Forthcoming.
    Paper not yet in RePEc: Add citation now
  14. Cunat, V., Gine, M., Guadalupe, M., 2012, Say pays! Shareholder voice and firm performance. Upjohn Institute working paper 13-192.

  15. Cunat, V., Guadalupe, M., 2009, Globalization and the provision of incentives inside the firm: The effect of foreign competition. Journal of Labor Economics, 27 (2), 179-212.

  16. Dicks, D.L., 2012, Executive compensation and the role for corporate governance regulation. Review of Financial Studies, 25 (6), 1971-2004.

  17. Dittmann, I., Maug, E., 2007, Lower salaries and no options? On the optimal structure of executive pay. Journal of Finance, 62 (1), 303–343.

  18. Edmans, A., Gabaix, X., 2009, Is CEO pay really inefficient? A survey of new optimal contracting theories. European Financial Management, 15 (3), 486-496.

  19. Edmans, A., Gabaix, X., 2011, Tractability in incentive contracting. Review of Financial Studies, 24 (9), 2865-2894.

  20. Eisfeldt, A., Kuhnen, C, 2013, CEO turnover in a competitive assignment framework. Journal of Financial Economics, 109 (2), 351-372.

  21. Falato, A., Li, D., Milbourn, T., 2012, CEO pay and the market for CEOs. Working paper, Federal Reserve Board.

  22. Frydman, C., 2007, Rising through the ranks: The evolution of the market for corporate executives, 1936-2003. Working paper, MIT.
    Paper not yet in RePEc: Add citation now
  23. Frydman, C., Jenter, D., 2010, CEO compensation. Annual Review of Financial Economics, 2, 75-102.

  24. Frydman, C., Saks, R.E., 2010, Executive compensation: A new view from a longterm perspective, 1936-2005. Review of Financial Studies, 23 (5), 2099-2138.

  25. Gabaix X., Landier A., 2008, Why has CEO pay increased so much? Quarterly Journal of Economics, 123 (1), 49-100.

  26. Garvey, G. and Milbourn, T., 2006, Asymmetric benchmarking in compensation: Executives are rewarded for good luck but not penalized for bad. Journal of Financial Economics, 82 (1), 197-225.

  27. Garvey, G., Milbourn, T., 2003, Incentive compensation when executives can hedge the market: evidence of relative performance evaluation in the cross section. Journal of Finance, 58 (4), 1557-1582.

  28. Graham, J.R., Harvey, C.R., Puri, M., 2013, Managerial attitudes and corporate actions. Journal of Financial Economics, 109 (1), 103-121.

  29. Hall, B.J., Murphy, K.J., 2003, The trouble with stock options. Journal of Economic Perspectives, 17 (3), 49-70 Harris M., Holmstrom B., 1982. A theory of wage dynamics. Review of Economic Studies, 49 (3), 315-333.

  30. Hartzell, J.C., Starks, L.T., 2003, Institutional investors and executive compensation.

  31. Hermalin, B.E., 2005, Trends in corporate governance. Journal of Finance, 60 (5), 2351-2384.

  32. Hermalin, B.E., Weisbach, M.S., 1998, Endogenously chosen boards of directors and their monitoring of the CEO. American Economic Review, 88 (1), 96-118.

  33. Holmstrom, B., Milgrom P., 1987, Aggregation and linearity in the provision of intertemporal incentives. Econometrica, 55 (2), 303-328.

  34. Holmstrom, B., Ricart I Costa, J., 1986, Managerial incentives and capital management. Quarterly Journal of Economics, 101 (4), 835-860.

  35. Huson, M.R., Parrino, R., Starks, L.T., 2001, Internal monitoring mechanisms and CEO turnover: A long-term perspective. Journal of Finance, 56 (6), 2265-2297.

  36. Kaplan, S., Minton, B., 2012, How has CEO turnover changed? International Review of Finance, 12 (1), 57-87.

  37. Kuhnen, C.M., Zwiebel, J., 2009, Executive pay, hidden compensation and managerial entrenchment. Working paper, Northwestern University.
    Paper not yet in RePEc: Add citation now
  38. Lazear, E.P., 2004, Output-based pay: incentives, retention or sorting? Research in Labor Economics, 23, 1-25.
    Paper not yet in RePEc: Add citation now
  39. Legros, P., Newman, A., 2007. Beauty is a beast and frog is a Prince: Assortative matching with nontransferabilities. Econometrica, 75 (4), 1073-1102.

  40. Murphy, K.J., 2012, Executive compensation: where we are, and how we got there, in Handbook of the Economics of Finance, Elsevier Science North Holland.
    Paper not yet in RePEc: Add citation now
  41. Murphy, K.J., Zabojnik, J., 2004, CEO pay and appointments: a market-based explanation for recent trends. American Economic Review, 94 (2), 192-196.

  42. Oyer, P., 2004. Why do firms use incentives that have no incentives effects? Journal of Finance, 59 (4), 1619-1649.

  43. Oyer, P., Schaefer, S., 2005, Why do some firms give stock options to all employees? An empirical examination of alternative theories. Journal of Financial Economics, 76, 99-133.

  44. Rajgopal, S., Shevlin, T., Zamora, V., 2006, CEOs’ outside employment opportunities and the lack of relative performance evaluation in compensation contracts. Journal of Finance, 61 (4), 1813-44.

  45. Roth, A., Sotomayor, M., 1989, The college admission problem revisited. Econometrica, 57 (3), 559-70.

  46. Shen, W., Cannella, A.A., 2002, Revisiting the performance consequences of CEO succession: The impacts of successor type, postsuccession senior executive turnover, and departing CEO tenure. Academy of Management Journal, 45 (4), 717-733.
    Paper not yet in RePEc: Add citation now
  47. Shleifer, A., Vishny, R., 1986, Large shareholders and corporate control. Journal of Political Economy, 94 (3), 461-488.

  48. Taylor, L., 2013, CEO wage dynamics: estimates from a learning model. Journal of Financial Economics, 108 (1), 79-98.

  49. Tervio, M., 2008, The difference that CEOs make: an assignment model approach. American Economic Review, 98 (3), 642-668.

Cocites

Documents in RePEc which have cited the same bibliography

  1. CEO compensation: evidence from the field. (2023). Gosling, Tom ; Edmans, Alex ; Jenter, Dirk.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:120546.

    Full description at Econpapers || Download paper

  2. Institutional cross-ownership and stock price crash risk. (2023). Liu, Huan ; Hou, Canran.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:65:y:2023:i:c:s0275531923000326.

    Full description at Econpapers || Download paper

  3. CEO compensation: Evidence from the field. (2023). Jenter, Dirk ; Edmans, Alex ; Gosling, Tom.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:150:y:2023:i:3:s0304405x23001587.

    Full description at Econpapers || Download paper

  4. Does common ownership constrain managerial rent extraction? Evidence from insider trading profitability. (2023). Zhang, Hao ; Wu, Qiang ; Ma, Hui ; Chen, Shenglan.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:80:y:2023:i:c:s092911992300038x.

    Full description at Econpapers || Download paper

  5. Systemic Risk: A Comparative Study between Public and Private Banks. (2023). Mahmoud, Imen ; Mselmi, Aymen.
    In: International Journal of Economics and Financial Issues.
    RePEc:eco:journ1:2023-03-12.

    Full description at Econpapers || Download paper

  6. .

    Full description at Econpapers || Download paper

  7. Does board composition and ownership structure affect banks’ systemic risk? European evidence. (2022). Mateus, Cesario ; Garcia-Gomez, Conrado Diego ; Farinha, Jorge Bento ; Diez-Esteban, Jose Maria.
    In: Journal of Banking Regulation.
    RePEc:pal:jbkreg:v:23:y:2022:i:2:d:10.1057_s41261-021-00148-2.

    Full description at Econpapers || Download paper

  8. Does Ownership Structure Moderate the Relationship between Systemic Risk and Corporate Governance? Evidence from Gulf Cooperation Council Countries. (2022). Hussainey, Khaled ; Nsaibi, Mariem ; Abidi, Ilyes.
    In: JRFM.
    RePEc:gam:jjrfmx:v:15:y:2022:i:5:p:216-:d:814237.

    Full description at Econpapers || Download paper

  9. Can Sustainable Corporate Governance Enhance Internal Audit Function? Evidence from Omani Public Listed Companies. (2021). Rehman, Ali.
    In: JRFM.
    RePEc:gam:jjrfmx:v:14:y:2021:i:11:p:537-:d:674964.

    Full description at Econpapers || Download paper

  10. Optimal regulation, executive compensation and risk taking by financial institutions. (2021). Hilscher, Jens ; Raviv, Alon ; Landskroner, Yoram.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:71:y:2021:i:c:s0929119921002261.

    Full description at Econpapers || Download paper

  11. The Complementarity between Signal Informativeness and Monitoring. (2021). Sahuguet, Nicolas ; Chaigneau, Pierre.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:15625.

    Full description at Econpapers || Download paper

  12. The factor market spillover effects of shareholder activism. (2021). Li, Zhan.
    In: Journal of Financial Research.
    RePEc:bla:jfnres:v:44:y:2021:i:3:p:671-689.

    Full description at Econpapers || Download paper

  13. Do executive compensation contracts maximize firm value? Indications from a quasi-natural experiment. (2020). Abudy, Menachem ; Shust, Efrat ; Rozenbaum, Oded ; Amiram, Dan.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:114:y:2020:i:c:s0378426620300558.

    Full description at Econpapers || Download paper

  14. Optimal ownership structure and monitoring in entrepreneurial firms. (2020). Loyola, Gino ; Portilla, Yolanda.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:33:y:2020:i:c:s1544612318302496.

    Full description at Econpapers || Download paper

  15. Organizational Design with Portable Skills. (2019). Picariello, Luca.
    In: CSEF Working Papers.
    RePEc:sef:csefwp:546.

    Full description at Econpapers || Download paper

  16. Do corporate governance mandates impact long-term firm value and governance culture?. (2019). Williamson, Rohan ; Schloetzer, Jason D ; Aggarwal, Reena.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:59:y:2019:i:c:p:202-217.

    Full description at Econpapers || Download paper

  17. Globalization and the evolution of corporate governance. (2018). Schymik, Jan.
    In: European Economic Review.
    RePEc:eee:eecrev:v:102:y:2018:i:c:p:39-61.

    Full description at Econpapers || Download paper

  18. The Role of Stakeholders in Corporate Governance: A View from Accounting Research. (2018). Ormazabal, Gaizka.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:12775.

    Full description at Econpapers || Download paper

  19. Competition for talent under performance manipulation. (2017). Povel, Paul ; Marinovic, Ivan.
    In: Journal of Accounting and Economics.
    RePEc:eee:jaecon:v:64:y:2017:i:1:p:1-14.

    Full description at Econpapers || Download paper

  20. Seeking Alpha: Excess Risk Taking and Competition for Managerial Talent. (2016). Volpin, Paolo ; Pagano, Marco ; Acharya, Viral.
    In: CSEF Working Papers.
    RePEc:sef:csefwp:312.

    Full description at Econpapers || Download paper

  21. Career concerns and Bayesian overconfidence of managers. (2016). çitçi, sadettin ; Inci, Eren ; Citci, Sadettin Haluk .
    In: International Journal of Industrial Organization.
    RePEc:eee:indorg:v:46:y:2016:i:c:p:137-159.

    Full description at Econpapers || Download paper

  22. Regulating deferred incentive pay. (2015). Opp, Marcus ; Inderst, Roman ; Hoffmann, Florian.
    In: IMFS Working Paper Series.
    RePEc:zbw:imfswp:91.

    Full description at Econpapers || Download paper

  23. Interlocked Executives and Insider Board Members: An Empirical Analysis. (2015). Golan, Limor ; Gayle, George-Levi ; Miller, Robert A.
    In: Working Papers.
    RePEc:fip:fedlwp:2015-040.

    Full description at Econpapers || Download paper

  24. Performance pay, CEO dismissal, and the dual role of takeovers. (2015). Burkart, Mike ; Raff, Konrad .
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:69539.

    Full description at Econpapers || Download paper

  25. Corporate governance and the systemic risk of financial institutions. (2015). Vähämaa, Sami ; Iqbal, Jamshed ; Vahamaa, Sami ; Strobl, Sascha .
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:82:y:2015:i:c:p:42-61.

    Full description at Econpapers || Download paper

  26. Executive compensation, organizational performance, and governance quality in the absence of owners. (2015). Newton, Ashley N..
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:30:y:2015:i:c:p:195-222.

    Full description at Econpapers || Download paper

  27. International Corporate Governance Spillovers: Evidence from Cross-Border Mergers and Acquisitions. (2015). Brandao Marques, Luis ; Ferreira, Miguel ; Albuquerque, Rui ; Matos, Pedro Pinto ; Brando-Marques, Luis .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10917.

    Full description at Econpapers || Download paper

  28. Sectoral differences in managers’ compensation: insights from a matching model. (2015). Viviano, Eliana ; Taboga, Marco ; Ciapanna, Emanuela.
    In: Temi di discussione (Economic working papers).
    RePEc:bdi:wptemi:td_1000_15.

    Full description at Econpapers || Download paper

  29. Governance and Comovement Under Common Ownership. (2014). Edmans, Alex ; Levit, Doron ; Reilly, Devin .
    In: NBER Working Papers.
    RePEc:nbr:nberwo:20420.

    Full description at Econpapers || Download paper

  30. Explaining the Association between Monitoring and Controversial CEO Pay Practices: an Optimal Contracting Perspective. (2014). Sahuguet, Nicolas ; Chaigneau, Pierre.
    In: Cahiers de recherche.
    RePEc:lvl:lacicr:1406.

    Full description at Econpapers || Download paper

  31. Regulating Deferred Incentive Pay. (2014). Opp, Marcus ; Inderst, Roman ; Hoffmann, Florian.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:9877.

    Full description at Econpapers || Download paper

  32. Governance and Comovement Under Common Ownership. (2014). Edmans, Alex ; Levit, Doron ; Reilly, Devin .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10119.

    Full description at Econpapers || Download paper

  33. Banking reform, risk-taking, and earnings quality – Evidence from transition countries. (2014). HASAN, IFTEKHAR ; Fang, Yiwei ; Li, Lingxiang.
    In: BOFIT Discussion Papers.
    RePEc:bof:bofitp:2014_019.

    Full description at Econpapers || Download paper

  34. .

    Full description at Econpapers || Download paper

  35. Industry Structure, Executive Pay, and Short-Termism. (2013). Thanassoulis, John.
    In: Management Science.
    RePEc:inm:ormnsc:v:59:y:2013:i:2:p:402-419.

    Full description at Econpapers || Download paper

  36. The effect of monitoring on CEO pay practices in a matching equilibrium. (2013). Sahuguet, Nicolas ; Chaigneau, Pierre.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:55405.

    Full description at Econpapers || Download paper

  37. The structure of CEO pay: pay-for-luck and stock-options. (2012). Sahuguet, Nicolas ; Chaigneau, Pierre.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:119040.

    Full description at Econpapers || Download paper

  38. CEO compensation and large shareholders: Evidence from emerging markets. (2012). Larrain, Borja ; Gallego, Francisco.
    In: Journal of Comparative Economics.
    RePEc:eee:jcecon:v:40:y:2012:i:4:p:621-642.

    Full description at Econpapers || Download paper

  39. The structure of CEO pay: pay-for-luck and stock-options. (2012). Sahuguet, Nicolas ; Chaigneau, Pierre.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:9182.

    Full description at Econpapers || Download paper

  40. The Case for Intervening in Bankers’ Pay. (2012). Thanassoulis, John.
    In: Journal of Finance.
    RePEc:bla:jfinan:v:67:y:2012:i:3:p:849-895.

    Full description at Econpapers || Download paper

  41. Bankers Pay Structure And Risk. (2011). Thanassoulis, John.
    In: Economics Series Working Papers.
    RePEc:oxf:wpaper:545.

    Full description at Econpapers || Download paper

  42. The Case For Intervening In Bankers Pay. (2011). Thanassoulis, John.
    In: Economics Series Working Papers.
    RePEc:oxf:wpaper:532.

    Full description at Econpapers || Download paper

  43. Performance Pay, CEO Dismissal, and the Dual Role of Takeovers. (2011). Burkart, Mike ; Raff, Konrad .
    In: FMG Discussion Papers.
    RePEc:fmg:fmgdps:dp694.

    Full description at Econpapers || Download paper

  44. Serial CEO incentives and the structure of managerial contracts. (2011). Giannetti, Mariassunta.
    In: Journal of Financial Intermediation.
    RePEc:eee:jfinin:v:20:y:2011:i:4:p:633-662.

    Full description at Econpapers || Download paper

  45. Restricting CEO pay. (2011). Zhang, Dan ; Dittmann, Ingolf ; Maug, Ernst.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:17:y:2011:i:4:p:1200-1220.

    Full description at Econpapers || Download paper

  46. CEO Compensation among Firms Controlled by Large Shareholders: Evidence from Emerging Markets. (2010). Larrain, Borja ; Gallego, Francisco.
    In: Documentos de Trabajo.
    RePEc:ioe:doctra:379.

    Full description at Econpapers || Download paper

  47. Securitization and Compensation in Financial Institutions. (2010). Pfeil, Sebastian ; Inderst, Roman.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:8089.

    Full description at Econpapers || Download paper

  48. CEO Compensation. (2010). Jenter, Dirk ; Frydman, Carola.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_3277.

    Full description at Econpapers || Download paper

  49. The structure of CEO pay: pay-for-luck and stock-options. (). Sahuguet, Nicolas ; Chaigneau, Pierre.
    In: FMG Discussion Papers.
    RePEc:fmg:fmgdps:dp713.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-12-17 07:13:10 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.