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The self-serving management hypothesis
12 references·16 citing·37 second hop
The self-serving management hypothesis (1985)The self-serving management hypothesisExecutive compensation, management turnover, and firm performance (1985)Executive compensation, manag…Corporate performance and managerial remuneration (1985)Corporate performance and man…The market for corporate control (1983)The market for corporate cont…Evidence on the capitalized value of merger activity for acquiring firms (1983)Evidence on the capitalized v…Incentive and Tax Effects of Executive Compensation Plans (1982)Incentive and Tax Effects of …Option pricing (1976)Option pricingExecutive Motivations, Earnings, and Consequent Equity Performance (1971)Executive Motivations, Earnin…Managerial Pay and Corporate Performance (1970)Managerial Pay and Corporate …A Theory of Conglomerate Mergers (1969)A Theory of Conglomerate Merg…The Economic Theory of `Managerial' Capitalism. (1964)The Economic Theory of `Manag…Business Behavior, Value and Growth. (1962)Business Behavior, Value and …The Modern Corporation and Private Property (1933)The Modern Corporation and Pr…Carbon disclosure and financial performance: UK environmental policy (2019)Carbon disclosure and financi…Managerial incentives, capital reallocation, and the business cycle (2007)Managerial incentives, capita…The effect of equity compensation on voluntary executive turnover (2006)The effect of equity compensa…Corporate Governance, Leadership Structure and CEO Compensation: evidence from Taiwan (2005)Corporate Governance, Leaders…Executive pay in Japan: the role of bank-appointed monitors and the Main Bank relationship (2004)Executive pay in Japan: the r…Corporate Governance and the Returns on Investment (2004)Corporate Governance and the …Long Term Incentive Plans, Executive Pay and UK Company Performance* (2003)Long Term Incentive Plans, Ex…The Roles of Performance Measures and Monitoring in Annual Governance Decisions in Entrepreneurial Firms (2002)The Roles of Performance Meas…Power as a determinant of executive compensation (2002)Power as a determinant of exe…CEO compensation: does it pay to be green? (2001)CEO compensation: does it pay…Takeovers Improve Firm Performance: Evidence from the Banking Industry (1993)Takeovers Improve Firm Perfor…EFFECT OF RELATIVE DECISION MONITORING ON CHIEF EXECUTIVE COMPENSATION. (1992)EFFECT OF RELATIVE DECISION M…The effect of compensation program and structure on sbu competitive strategy: A study of technology‐intensive firms (1991)The effect of compensation pr…Post‐acquisition financial performance and executive compensation (1990)Post‐acquisition financial pe…Overreaction or Fundamentals: Some Lessons from Insiders' Response to the Market Crash of 1987 (1990)Overreaction or Fundamentals:…Management compensation and the managerial labor market (1985)Management compensation and t…EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)The information content of option prices and a test of market efficiency (1978)A Quick Algorithm for Pricing European Average Options (1991)Striking oil: Another puzzle? (2008)The theory and practice of econometrics (1986)Management ownership and market valuation (1988)Agency costs of free cash flow, corporate finance, and takeovers (1996)A Survey of Corporate Governance (1997)The Modern Corporation and Private Property (1932)Why Is There Mandatory Retirement? (1979)Options on the minimum or the maximum of two risky assets (1982)Moral Hazard and Renegotiation in Agency Contracts (1990)Financing decisions when managers are risk averse (2006)A critique of the asset pricing theory's tests Part I: On past and potential testability of the theory (1977)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Measuring security price performance (1980)Horizontal mergers, collusion, and stockholder wealth (1983)The Effect of Corporate Multinationalism on Shareholders' Wealth: Evidence from International Acquisitions (1988)The Handbook of Organizational Economics (2013)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Separation of Ownership and Control (1983)Agency Theory: An Assessment and Review (1989)Executive incentives and the horizon problem (1991)INSTRUMENTAL STAKEHOLDER THEORY: A SYNTHESIS OF ETHICS AND ECONOMICS (1995)The Provision of Incentives in Firms (1999)A Life Cycle Theory of the Firm (1972)Value creation in acquisitions: A re‐examination of performance issues (1990)Earnings management and the market performance of acquiring firms (2004)Toward a general theory of managerial discretion (1974)What Has Economics to Say About Racial Discrimination? (1998)Determinants of profitability in European manufacturing and services: evidence from a dynamic panel model (2005)Law and Finance (1998)Five stages of growth in small business (1987)Scaling behaviour in the growth of companies (1996)From Homo Economicus to Homo Sapiens (2000)
this work references cited by second hop

References

  • 1933The Modern Corporation and Private Property7,361 cited
  • 1983The market for corporate control4,145 cited
  • 1985Corporate performance and managerial remuneration1,756 cited
  • 1985Executive compensation, management turnover, and firm performance1,209 cited
  • 1964The Economic Theory of `Managerial' Capitalism.955 cited
  • 1962Business Behavior, Value and Growth.888 cited
  • 1969A Theory of Conglomerate Mergers510 cited
  • 1976Option pricing473 cited
  • 1983Evidence on the capitalized value of merger activity for acquiring firms388 cited
  • 1982Incentive and Tax Effects of Executive Compensation Plans371 cited
  • 1970Managerial Pay and Corporate Performance314 cited
  • 1971Executive Motivations, Earnings, and Consequent Equity Performance210 cited

Cited by

  • 2019Carbon disclosure and financial performance: UK environmental policy244 cited
  • 2004Corporate Governance and the Returns on Investment173 cited
  • 2007Managerial incentives, capital reallocation, and the business cycle164 cited
  • 1990Overreaction or Fundamentals: Some Lessons from Insiders' Response to the Market Crash of 1987

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

159 cited
  • 2003Long Term Incentive Plans, Executive Pay and UK Company Performance*148 cited
  • 2001CEO compensation: does it pay to be green?137 cited
  • 1993Takeovers Improve Firm Performance: Evidence from the Banking Industry122 cited
  • 1985Management compensation and the managerial labor market116 cited
  • 2006The effect of equity compensation on voluntary executive turnover110 cited
  • 2004Executive pay in Japan: the role of bank-appointed monitors and the Main Bank relationship110 cited
  • 1991The effect of compensation program and structure on sbu competitive strategy: A study of technology‐intensive firms108 cited
  • 1992EFFECT OF RELATIVE DECISION MONITORING ON CHIEF EXECUTIVE COMPENSATION.104 cited
  • 1990Post‐acquisition financial performance and executive compensation101 cited
  • 2002The Roles of Performance Measures and Monitoring in Annual Governance Decisions in Entrepreneurial Firms99 cited
  • 2005Corporate Governance, Leadership Structure and CEO Compensation: evidence from Taiwan97 cited
  • 2002Power as a determinant of executive compensation89 cited