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Options, Option Repricing and Severance Packages in Managerial Compensation: Their Effects on Corporate Risk
16 references·16 citing·40 second hopsampled
Options, Option Repricing and Severance Packages in Managerial Compensation: Their Effects on Corporate Risk (2003)Options, Option Repricing and Severance P…Why Do Managers Diversify Their Firms? Agency Reconsidered (2003)Why Do Managers Diversify The…The Efficiency of Equity-Linked Compensation: Understanding the Full Cost of Awarding Executive Stock Options (2001)The Efficiency of Equity-Link…Optimal Exercise Prices for Executive Stock Options (2000)Optimal Exercise Prices for E…Does Option Compensation Increase Managerial Risk Appetite? (2000)Does Option Compensation Incr…Altering the terms of executive stock options (2000)Altering the terms of executi…A Theory of Bank Regulation and Management Compensation (2000)A Theory of Bank Regulation a…The Other Side of the Trade‐Off: The Impact of Risk on Executive Compensation (1999)The Other Side of the Trade‐O…Measuring investment distortions arising from stockholder–bondholder conflicts (1999)Measuring investment distorti…The Other Side of the Tradeoff: The Impact of Risk on Executive Compensation (1998)The Other Side of the Tradeof…Agency Costs, Risk Management, and Capital Structure (1998)Agency Costs, Risk Management…Top-Management Compensation and Capital Structure (1993)Top-Management Compensation a…Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…Investment incentives, debt, and warrants (1984)Investment incentives, debt, …Resolving the Agency Problems of External Capital through Options (1981)Resolving the Agency Problems…Determinants of corporate borrowing (1977)Determinants of corporate bor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Better Safe Than Sorry: Subsidiary Performance Feedback and Internal Governance in Multiunit Firms (2017)Better Safe Than Sorry: Subsi…Are Ex Ante CEO Severance Pay Contracts Consistent with Efficient Contracting? (2016)Are Ex Ante CEO Severance Pay…Ex ante CEO severance pay and risk-taking in the financial services sector (2015)Ex ante CEO severance pay and…Ex Ante Severance Agreements and Earnings Management (2014)Ex Ante Severance Agreements …Executive Compensation Restrictions: Do They Restrict Firms’ Willingness to Participate in TARP? (2012)Executive Compensation Restri…Entrenchment or Incentive? CEO Employment Contracts and Acquisition Decisions (2012)Entrenchment or Incentive? CE…Deviations from Expected Stakeholder Management, Firm Value, and Corporate Governance (2011)Deviations from Expected Stak…Revisiting the risk-taking effect of executive stock options on firm performance (2010)Revisiting the risk-taking ef…Is There a Case for Regulating Executive Pay in the Financial Services Industry? (2010)Is There a Case for Regulatin…Compensation Vega, Deregulation, and Risk‐Taking: Lessons from the US Banking Industry (2010)Compensation Vega, Deregulati…Optimal strike prices of stock options for effort-averse executives (2007)Optimal strike prices of stoc…How employee stock options and executive equity ownership affect long-term IPO operating performance (2007)How employee stock options an…Executive severance agreements (2006)Executive severance agreementsManagerial Risk‐Taking Incentives and Executive Stock Option Repricing: A Study of US Casino Executives (2005)Managerial Risk‐Taking Incent…The Hidden Cost of Managerial Incentives: Evidence from the Bond and Stock Markets (2004)The Hidden Cost of Managerial…Executive Compensation and Managerial Risk-Taking (2003)Executive Compensation and Ma…The Pricing of Options and Corporate Liabilities (1973)Convertible Securities and Venture Capital Finance (2003)Financing and Advising: Optimal Financial Contracts with Venture Capitalists (2003)Stage Financing and the Role of Convertible Securities (2003)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Capital Structure Puzzle (1984)Agency Problems and the Theory of the Firm (1980)Executive Incentive Plans, Corporate Control, and Capital Structure (1992)Financing decisions when managers are risk averse (2006)CEO compensation and corporate risk: Evidence from a natural experiment (2013)Portfolio Performance Manipulation and Manipulation-proof Performance MeasuresOptimum consumption and portfolio rules in a continuous-time model (1971)High‐Water Marks and Hedge Fund Management Contracts (2003)An econometric model of serial correlation and illiquidity in hedge fund returns (2004)Brownian Motion and Stochastic Calculus (2007)Corporate financing and investment decisions when firms have information that investors do not have (1984)Institutional Investors and Executive Compensation (2000)Remuneration, Retention, and Reputation Incentives for Outside Directors (2004)Recent Developments in Corporate Governance: An Overview (2006)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Separation of Ownership and Control (1983)Law and Finance (1998)The arbitrage theory of capital asset pricing (1976)The Cross-Section of Expected Stock Returns (1992)Entrenchment and Severance Pay in Optimal Governance Structures (2003)INSTITUTIONAL OWNERSHIP DIFFERENCES AND INTERNATIONAL DIVERSIFICATION: THE EFFECTS OF BOARDS OF DIRECTORS AND TECHNOLOGICAL OPPORTUNITY. (2003)Family Control of Firms and Industries (2009)The Modern Corporation and Private Property (1933)The Structure of Corporate Ownership: Causes and Consequences (1985)A Survey of Corporate Governance (1997)The Provision of Incentives in Firms (1999)Stock options for undiversified executives (2002)Women in the Boardroom and Their Impact on Governance and Performance (2008)Term Structures of Credit Spreads with Incomplete Accounting Information (2001)Capital Structure and Stock Returns (2004)Environmental risk management and the cost of capital (2008)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Higher market valuation of companies with a small board of directors (1996)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 1998Agency Costs, Risk Management, and Capital Structure1,495 cited
  • 1999The Other Side of the Trade‐Off: The Impact of Risk on Executive Compensation1,037 cited
  • 2000Does Option Compensation Increase Managerial Risk Appetite?926 cited
  • 1993Top-Management Compensation and Capital Structure813 cited
  • 1984Investment incentives, debt, and warrants691 cited
  • 2001The Efficiency of Equity-Linked Compensation: Understanding the Full Cost of Awarding Executive Stock Options448 cited
  • 1981Resolving the Agency Problems of External Capital through Options419 cited
  • 2003Why Do Managers Diversify Their Firms? Agency Reconsidered388 cited
  • 2000Optimal Exercise Prices for Executive Stock Options361 cited
  • 1999Measuring investment distortions arising from stockholder–bondholder conflicts336 cited
  • 2000A Theory of Bank Regulation and Management Compensation324 cited
  • 2000Altering the terms of executive stock options244 cited

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

  • 1998The Other Side of the Tradeoff: The Impact of Risk on Executive Compensation234 cited
  • Cited by

    • 2012Executive Compensation Restrictions: Do They Restrict Firms’ Willingness to Participate in TARP?64 cited
    • 2003Executive Compensation and Managerial Risk-Taking63 cited
    • 2017Better Safe Than Sorry: Subsidiary Performance Feedback and Internal Governance in Multiunit Firms61 cited
    • 2006Executive severance agreements57 cited
    • 2010Revisiting the risk-taking effect of executive stock options on firm performance53 cited
    • 2016Are Ex Ante CEO Severance Pay Contracts Consistent with Efficient Contracting?53 cited
    • 2010Is There a Case for Regulating Executive Pay in the Financial Services Industry?51 cited
    • 2011Deviations from Expected Stakeholder Management, Firm Value, and Corporate Governance46 cited
    • 2007Optimal strike prices of stock options for effort-averse executives46 cited
    • 2012Entrenchment or Incentive? CEO Employment Contracts and Acquisition Decisions36 cited
    • 2007How employee stock options and executive equity ownership affect long-term IPO operating performance34 cited
    • 2005Managerial Risk‐Taking Incentives and Executive Stock Option Repricing: A Study of US Casino Executives34 cited
    • 2004The Hidden Cost of Managerial Incentives: Evidence from the Bond and Stock Markets33 cited
    • 2010Compensation Vega, Deregulation, and Risk‐Taking: Lessons from the US Banking Industry32 cited
    • 2014Ex Ante Severance Agreements and Earnings Management26 cited
    • 2015Ex ante CEO severance pay and risk-taking in the financial services sector25 cited