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Corporate Governance, Takeovers, and Top-Management Compensation: Theory and Evidence
16 references·16 citing·31 second hopsampled
Corporate Governance, Takeovers, and Top-Management Compensation: Theory and Evidence (2002)Corporate Governance, Takeovers, and Top-…Corporate governance, chief executive officer compensation, and firm performance (1999)Corporate governance, chief e…Higher market valuation of companies with a small board of directors (1996)Higher market valuation of co…Firms, Contracts, and Financial Structure (1995)Firms, Contracts, and Financi…The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…The investment opportunity set and corporate financing, dividend, and compensation policies (1992)The investment opportunity se…An Incomplete Contracts Approach to Financial Contracting (1992)An Incomplete Contracts Appro…A Modest Proposal for Improved Corporate Governance (1992)A Modest Proposal for Improve…The Effects of Board Composition and Direct Incentives on Firm Performance (1991)The Effects of Board Composit…Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…Large Shareholders and Corporate Control (1986)Large Shareholders and Corpor…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…The market for corporate control (1983)The market for corporate cont…Separation of Ownership and Control (1983)Separation of Ownership and C…Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Takeover Bids, The Free-Rider…Moral Hazard and Observability (1979)Moral Hazard and ObservabilityThe Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Integrated reporting: An accounting disclosure tool for high quality financial reporting (2019)Integrated reporting: An acco…Female CEOs and Core Earnings Quality: New Evidence on the Ethics Versus Risk-Aversion Puzzle (2018)Female CEOs and Core Earnings…Are Boards Designed to Fail? The Implausibility of Effective Board Monitoring (2016)Are Boards Designed to Fail? …Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options (2013)Performance Feedback and Firm…The State of Corporate Governance Research (2010)The State of Corporate Govern…Lucky CEOs and Lucky Directors (2010)Lucky CEOs and Lucky DirectorsA dual agency view of board compensation: the joint effects of outside director and CEO stock options on firm risk (2010)A dual agency view of board c…Managerial Agency and Bond Covenants (2009)Managerial Agency and Bond Co…Governance Bundles, Firm Performance, and the Substitutability and Complementarity of Governance Mechanisms (2009)Governance Bundles, Firm Perf…Fair value accounting and gains from asset securitizations: A convenient earnings management tool with compensation side-benefits (2009)Fair value accounting and gai…Shareholder Rights, Boards, and CEO Compensation (2008)Shareholder Rights, Boards, a…Stewards, Agents, and the Founder Discount: Executive Compensation in New Ventures (2006)Stewards, Agents, and the Fou…Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai and Shenzhen Stock Exchanges (2006)Executive Compensation, Firm …6. Pay without Performance: Overview of the Issues (2005)6. Pay without Performance: O…Managerial Entrenchment and Payout Policy (2004)Managerial Entrenchment and P…Executive Compensation as an Agency Problem (2003)Executive Compensation as an …The Theory of Syndicates (1968)Essays in the Theory of Risk-Bearing. (1972)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Good News and Bad News: Representation Theorems and Applications (1981)Financial Intermediation and Delegated Monitoring (1984)Agency Costs, Net Worth, And Business Fluctuations (1988)The Problem of Social Cost (1960)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Survey of Corporate Governance (1997)Law and Finance (1998)Investor protection and corporate governance (2000)Determinants of corporate borrowing (1977)Management ownership and market valuation (1988)Audit committee, board of director characteristics, and earnings management (2002)Corporate Governance and Equity Prices (2003)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (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)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of rational option pricing (2005)Mergers and the Market for Corporate Control (1965)Corporate Ownership Around the World (1999)Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency Problems and the Theory of the Firm (1980)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature (2001)On the use of instrumental variables in accounting research (2009)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 1986Large Shareholders and Corporate Control8,403 cited
  • 1979Moral Hazard and Observability8,358 cited
  • 1996Higher market valuation of companies with a small board of directors6,614 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 1995Firms, Contracts, and Financial Structure4,671 cited
  • 1999Corporate governance, chief executive officer compensation, and firm performance4,334 cited
  • 1983The market for corporate control4,145 cited
  • 1992The investment opportunity set and corporate financing, dividend, and compensation policies3,591 cited
  • 1980Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation3,093 cited
  • 1992A Modest Proposal for Improved Corporate Governance2,776 cited
  • 1991The Effects of Board Composition and Direct Incentives on Firm Performance2,312 cited

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

  • 1992An Incomplete Contracts Approach to Financial Contracting2,132 cited
  • Cited by

    • 2010The State of Corporate Governance Research436 cited
    • 2006Stewards, Agents, and the Founder Discount: Executive Compensation in New Ventures405 cited
    • 2016Are Boards Designed to Fail? The Implausibility of Effective Board Monitoring370 cited
    • 20056. Pay without Performance: Overview of the Issues352 cited
    • 2010Lucky CEOs and Lucky Directors349 cited
    • 2009Managerial Agency and Bond Covenants343 cited
    • 2006Executive Compensation, Firm Performance, and Corporate Governance in China: Evidence from Firms Listed in the Shanghai and Shenzhen Stock Exchanges321 cited
    • 2004Managerial Entrenchment and Payout Policy315 cited
    • 2009Fair value accounting and gains from asset securitizations: A convenient earnings management tool with compensation side-benefits315 cited
    • 2008Shareholder Rights, Boards, and CEO Compensation258 cited
    • 2003Executive Compensation as an Agency Problem239 cited
    • 2009Governance Bundles, Firm Performance, and the Substitutability and Complementarity of Governance Mechanisms236 cited
    • 2018Female CEOs and Core Earnings Quality: New Evidence on the Ethics Versus Risk-Aversion Puzzle212 cited
    • 2013Performance Feedback and Firm Risk Taking: The Moderating Effects of CEO and Outside Director Stock Options186 cited
    • 2019Integrated reporting: An accounting disclosure tool for high quality financial reporting178 cited
    • 2010A dual agency view of board compensation: the joint effects of outside director and CEO stock options on firm risk171 cited