Portfolio Considerations in Valuing Executive Compensation

作者: Richard A. Lamber , David F. Larcker , Robert E. Verrecchia

DOI: 10.2307/2491032

关键词:

摘要: … stock option contract need not provide an incentive for a risk-… for the magnitude of the manager's incentive to affect that … Finally, we argue that the incentive effects of adopting a new …

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