Compensation committee governance quality, chief executive officer stock option grants, and future firm performance

作者: Jerry Sun , Steven F. Cahan , David Emanuel

DOI: 10.1016/J.JBANKFIN.2009.02.015

关键词:

摘要: … between future firm performance and chief executive officer (CEO) … of directors appointed during the tenure of the incumbent CEO, … is structured ex-ante motivates managers to act in the …

参考文章(85)
Kevin Keasey, Mike Wright, Steve Thompson, Corporate governance : economic and financial issues Research Papers in Economics. ,(1997)
Bengt Holmstrom, Moral Hazard and Observability The Bell Journal of Economics. ,vol. 10, pp. 74- 91 ,(1979) , 10.2307/3003320
Stephen A Ross, The Economic Theory of Agency: The Principal's Problem. The American Economic Review. ,vol. 63, pp. 134- 139 ,(1973)
Anup Agrawal, Charles R. Knoeber, Outside Directors, Politics, and Firm Performance Social Science Research Network. ,(1998) , 10.2139/SSRN.85310
Randall Morck, Andrei Shleifer, Robert W. Vishny, Management Ownership and Market Valuation: An Empirical Analysis Journal of Financial Economics. ,vol. 20, pp. 293- 315 ,(1988) , 10.1016/0304-405X(88)90048-7
John M. Abowd, DOES PERFORMANCE-BASED MANAGERIAL COMPENSATION AFFECT CORPORATE PERFORMANCE? Industrial and Labor Relations Review. ,vol. 43, pp. 52- 73 ,(1990) , 10.1177/001979399004300304
Kenneth J. Rediker, Anju Seth, Boards of directors and substitution effects of alternative governance mechanisms Strategic Management Journal. ,vol. 16, pp. 85- 99 ,(1995) , 10.1002/SMJ.4250160202