Hedging and accounting-based RPE contracts for powerful CEOs
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DOI: 10.1007/s11573-018-0907-7
Abstract: Several firms prohibit their CEOs from trading in the stock of peer firms. This is puzzling since hedging by the CEO through private trading in the capital market can reduce the CEO’s exposure to systematic… read more here.
Keywords: hedging accounting; powerful ceos; based rpe; private hedging ... See more keywords