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Optimal Inside Debt Compensation and the Value of Equity and Debt
16 references·10 citing·40 second hop
Optimal Inside Debt Compensation and the Value of Equity and Debt (2013)Optimal Inside Debt Compensation and the …Seeking safety: The relation between CEO inside debt holdings and the riskiness of firm investment and financial policies (2011)Seeking safety: The relation …Measuring Abnormal Bond Performance (2008)Measuring Abnormal Bond Perfo…Pay Me Later: Inside Debt and Its Role in Managerial Compensation (2007)Pay Me Later: Inside Debt and…Classified boards, firm value, and managerial entrenchment (2006)Classified boards, firm value…Pay without performance: the unfulfilled promise of executive compensation (2005)Pay without performance: the …Flights of fancy: Corporate jets, CEO perquisites, and inferior shareholder returns (2005)Flights of fancy: Corporate j…Corporate Governance and Equity Prices (2003)Corporate Governance and Equi…The use of equity grants to manage optimal equity incentive levels (1999)The use of equity grants to m…CEO Involvement in the Selection of New Board Members: An Empirical Analysis (1999)CEO Involvement in the Select…Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure (1998)Theory of the Firm: Manageria…Corporate governance and shareholder initiatives: Empirical evidence (1996)Corporate governance and shar…Do corporations award CEO stock options effectively? (1995)Do corporations award CEO sto…Top-Management Compensation and Capital Structure (1993)Top-Management Compensation a…Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…Outside directors, board independence, and shareholder wealth (1990)Outside directors, board inde…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Firm size sensitivity on the correlation between financing choice and firm value (2021)Firm size sensitivity on the …CEO inside debt and the acquisition of private targets (2021)CEO inside debt and the acqui…Differential risk effect of inside debt, CEO compensation diversification, and firm investment (2020)Differential risk effect of i…CEO Turnover and Accounting Earnings: The Role of Earnings Persistence (2020)CEO Turnover and Accounting E…Does CEO inside debt compensation benefit both shareholders and debtholders? (2019)Does CEO inside debt compensa…An examination of the wealth effects of share repurchases on bondholders (2019)An examination of the wealth …Better safe than sorry? CEO inside debt and risk-taking in bank acquisitions (2018)Better safe than sorry? CEO i…Managerial Compensation Incentives and Corporate Debt Maturity: Evidence from FAS 123R (2017)Managerial Compensation Incen…CEO inside debt and convertible bonds (2017)CEO inside debt and convertib…The bond event study methodology since 1974 (2016)The bond event study methodol…Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)Outside directors and CEO turnover (1988)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)The Pricing of Options and Corporate Liabilities (1973)Determinants of corporate borrowing (1977)CEO stock option awards and the timing of corporate voluntary disclosures (2000)Are Insider Trades Informative? (2001)The Tenuous Trade‐off between Risk and Incentives (2002)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)Law and Finance (1998)Large Shareholders and Corporate Control (1986)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Too Busy to Mind the Business? Monitoring by Directors with Multiple Board Appointments (2003)Corporate Governance and Accounting Scandals (2005)Do Politically Connected Boards Affect Firm Value? (2008)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)It's All about Me: Narcissistic Chief Executive Officers and Their Effects on Company Strategy and Performance (2007)Why Has CEO Pay Increased So Much? * (2008)The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey (2010)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)How do family ownership, control and management affect firm value? (2005)How does financial reporting quality relate to investment efficiency? (2009)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms (2003)R2 around the world: New theory and new tests☆ (2005)Over-investment of free cash flow (2006)Equity Incentives and Earnings Management (2005)The impact of performance-based compensation on misreporting (2005)The role of information and financial reporting in corporate governance and debt contracting (2010)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 2003Corporate Governance and Equity Prices6,115 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 1998Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure2,749 cited
  • 2005Pay without performance: the unfulfilled promise of executive compensation1,936 cited
  • 1990Outside directors, board independence, and shareholder wealth1,930 cited
  • 1999The use of equity grants to manage optimal equity incentive levels1,457 cited
  • 1999CEO Involvement in the Selection of New Board Members: An Empirical Analysis1,297 cited
  • 1995Do corporations award CEO stock options effectively?1,128 cited
  • 1993Top-Management Compensation and Capital Structure813 cited
  • 1996Corporate governance and shareholder initiatives: Empirical evidence753 cited
  • 2008Measuring Abnormal Bond Performance655 cited
  • 2007Pay Me Later: Inside Debt and Its Role in Managerial Compensation600 cited
  • 2006Classified boards, firm value, and managerial entrenchment574 cited
  • 2005Flights of fancy: Corporate jets, CEO perquisites, and inferior shareholder returns

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536 cited
  • 2011Seeking safety: The relation between CEO inside debt holdings and the riskiness of firm investment and financial policies451 cited
  • Cited by

    • 2020CEO Turnover and Accounting Earnings: The Role of Earnings Persistence42 cited
    • 2021Firm size sensitivity on the correlation between financing choice and firm value37 cited
    • 2017Managerial Compensation Incentives and Corporate Debt Maturity: Evidence from FAS 123R32 cited
    • 2016The bond event study methodology since 197431 cited
    • 2018Better safe than sorry? CEO inside debt and risk-taking in bank acquisitions28 cited
    • 2020Differential risk effect of inside debt, CEO compensation diversification, and firm investment21 cited
    • 2017CEO inside debt and convertible bonds17 cited
    • 2019Does CEO inside debt compensation benefit both shareholders and debtholders?16 cited
    • 2021CEO inside debt and the acquisition of private targets15 cited
    • 2019An examination of the wealth effects of share repurchases on bondholders15 cited