Takeovers and (excess) CEO compensation
Sign Up to like & getrecommendations! Published in 2017 at "Journal of International Financial Markets, Institutions and Money"
DOI: 10.1016/j.intfin.2017.06.003
Abstract: We study if a CEO’s equity-based compensation affects the expected value generation in takeovers. When the objectives of management and shareholders are more aligned, as proxied by the use of equity-based compensation, more value-maximizing acquisitions… read more here.
Keywords: equity based; excess ceo; based compensation; compensation ... See more keywords
Non-financial performance measures, CEO compensation, and firms’ future value
Sign Up to like & getrecommendations! Published in 2020 at "Journal of Business Research"
DOI: 10.1016/j.jbusres.2020.01.002
Abstract: Abstract This study examines whether non-financial performance measures (NFPMs) included in CEO bonus contracts are complementary to equity-based compensation, and whether they jointly explain future firm value. We predict that in a performance evaluation system,… read more here.
Keywords: equity based; based compensation; compensation; value ... See more keywords
In the Nick of Time: Performance-Based Compensation and Proactive Responses to the Tax Cuts and Jobs Act
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DOI: 10.2308/jmar-19-060
Abstract: The Tax Cuts and Jobs Act of 2017 (TCJA) introduced two major changes that may influence the structure of executive compensation: (1) reducing corporate tax rates from 35 to 21 percent and (2) eliminating the… read more here.
Keywords: based compensation; compensation; tax cuts; performance based ... See more keywords