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Executive stock options and incentive effects due to systematic risk
16 references·5 citing·38 second hop
Executive stock options and incentive effects due to systematic risk (2004)Executive stock options and incentive eff…Which GARCH Model for Option Valuation? (2004)Which GARCH Model for Option …CEO compensation, diversification, and incentives (2002)CEO compensation, diversifica…The Efficiency of Equity-Linked Compensation: Understanding the Full Cost of Awarding Executive Stock Options (2001)The Efficiency of Equity-Link…A Closed-Form GARCH Option Valuation Model (2000)A Closed-Form GARCH Option Va…The Other Side of the Trade‐Off: The Impact of Risk on Executive Compensation (1999)The Other Side of the Trade‐O…The exercise and valuation of executive stock options (1998)The exercise and valuation of…Are CEOs Really Paid Like Bureaucrats? (1998)Are CEOs Really Paid Like Bur…Are CEOs Really Paid Like Bureaucrats? (1997)Are CEOs Really Paid Like Bur…Employee stock option exercises an empirical analysis (1996)Employee stock option exercis…THE GARCH OPTION PRICING MODEL (1995)THE GARCH OPTION PRICING MODELExecutive Compensation and Principal-Agent Theory (1994)Executive Compensation and Pr…Portfolio Considerations in Valuing Executive Compensation (1991)Portfolio Considerations in V…The Effect of Executive Stock Option Plans on Stockholders and Bondholders (1990)The Effect of Executive Stock…Mean-Variance Theory in Complete Markets (1982)Mean-Variance Theory in Compl…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Relative Performance Evaluation and Strategic Differentiation (2022)Relative Performance Evaluati…The Moderating Effect of Relative Performance Evaluation on the Risk Incentive Properties of Executives’ Equity Portfolios (2015)The Moderating Effect of Rela…Does bonus deferral reduce risk-taking? (2015)Does bonus deferral reduce ri…The Effect of Executive Stock Options on Corporate Innovative Activities (2013)The Effect of Executive Stock…Leverage, executive incentives and corporate governance (2011)Leverage, executive incentive…Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Generalized autoregressive conditional heteroskedasticity (1986)Monte Carlo methods for security pricing (1997)Stochastic Volatility for Lévy Processes (2003)Separation of Ownership and Control (1983)The Provision of Incentives in Firms (1999)Incentives and Organizations in the Public Sector: An Interpretative Review (2002)The Tenuous Trade‐off between Risk and Incentives (2002)Corporate performance and managerial remuneration (1985)Executive compensation, management turnover, and firm performance (1985)A review of the empirical disclosure literature: discussion (2001)Empirical evidence on the relation between stock option compensation and risk taking (2002)The Trouble with Stock Options (2003)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of rational option pricing (2005)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)An equilibrium model of incentive contracts in the presence of information manipulation (2006)Executive stock options, differential risk-taking incentives, and firm value (2011)The Nature of the Firm (1937)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)Agency Problems and Residual Claims (1983)Performance Pay and Top-Management Incentives (1990)Information and the Change in the Paradigm in Economics (2002)Corporate Governance, Accounting Outcomes, and Organizational Performance (2007)The role of information and financial reporting in corporate governance and debt contracting (2010)Outside directors and CEO turnover (1988)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)The Modern Corporation and Private Property (1933)The Structure of Corporate Ownership: Causes and Consequences (1985)A Survey of Corporate Governance (1997)Stock options for undiversified executives (2002)Women in the Boardroom and Their Impact on Governance and Performance (2008)Delta-Hedged Gains and the Negative Market Volatility Risk Premium (2003)The Shape and Term Structure of the Index Option Smirk: Why Multifactor Stochastic Volatility Models Work So Well (2009)Parametric and Nonparametric Volatility Measurement (2010)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1998Are CEOs Really Paid Like Bureaucrats?1,373 cited
  • 1997Are CEOs Really Paid Like Bureaucrats?1,291 cited
  • 1995THE GARCH OPTION PRICING MODEL1,131 cited
  • 1999The Other Side of the Trade‐Off: The Impact of Risk on Executive Compensation1,037 cited
  • 2000A Closed-Form GARCH Option Valuation Model972 cited
  • 1991Portfolio Considerations in Valuing Executive Compensation844 cited
  • 1994Executive Compensation and Principal-Agent Theory610 cited
  • 1990The Effect of Executive Stock Option Plans on Stockholders and Bondholders489 cited
  • 1996Employee stock option exercises an empirical analysis486 cited
  • 2001The Efficiency of Equity-Linked Compensation: Understanding the Full Cost of Awarding Executive Stock Options448 cited
  • 1998The exercise and valuation of executive stock options436 cited
  • 2002CEO compensation, diversification, and incentives389 cited
  • 2004Which GARCH Model for Option Valuation?290 cited
  • 1982

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Mean-Variance Theory in Complete Markets
256 cited

Cited by

  • 2015The Moderating Effect of Relative Performance Evaluation on the Risk Incentive Properties of Executives’ Equity Portfolios45 cited
  • 2011Leverage, executive incentives and corporate governance32 cited
  • 2022Relative Performance Evaluation and Strategic Differentiation23 cited
  • 2013The Effect of Executive Stock Options on Corporate Innovative Activities23 cited
  • 2015Does bonus deferral reduce risk-taking?5 cited