How the Design of CEO Equity-Based Compensation can Lead to Lower Audit Fees: Evidence from Australia
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DOI: 10.1007/s10551-018-4031-y
Abstract: This paper investigates how the features of CEO equity-based compensation are associated with the agency costs of monitoring (measured by external audit fees) in an Australia setting. We find that audit fees significantly increase when… read more here.
Keywords: equity based; audit fees; ceo equity; compensation ... See more keywords
Takeovers and (excess) CEO compensation
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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
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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
Equity-based sustainability and ecocentric management: Creating more ecologically just sport organization practices
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DOI: 10.1016/j.smr.2017.08.009
Abstract: Recognizing the shared responsibility all entities with a vested interest in keeping the Earth habitable possess, the authors propose ways in which sport organizations can take action by incorporating ecocentric management principles within their organizational… read more here.
Keywords: equity based; sport organizations; ecocentric management; management ... See more keywords
Risk shifting elimination and risk sharing exposure in equity-based financing – a theoretical exposition
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DOI: 10.1108/mf-05-2017-0187
Abstract: Purpose The purpose of this paper is to examine incentives for risk shifting in debt- and equity-based contracts based on the critiques of the similarities between sukuk and bonds. Design/methodology/approach This paper uses a theoretical… read more here.
Keywords: equity based; risk; risk shifting; shifting behaviour ... See more keywords