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Can the agency costs of debt and equity explain the changes in executive compensation during the 1990s?
16 references·8 citing·38 second hop
Can the agency costs of debt and equity explain the changes in executive compensation during the 1990s? (2005)Can the agency costs of debt and equity e…Executive compensation (2008)Executive compensationChapter 38 Executive compensation (1999)Chapter 38 Executive compensa…The Determinants of Corporate Debt Maturity Structure (1996)The Determinants of Corporate…The Maturity Structure of Corporate Debt (1995)The Maturity Structure of Cor…Do corporations award CEO stock options effectively? (1995)Do corporations award CEO sto…Corporate focus and stock returns (1995)Corporate focus and stock ret…Additional evidence on the association between the investment opportunity set and corporate financing, dividend, and compensation policies (1993)Additional evidence on the as…Free Cash Flow and Stockholder Gains in Going Private Transactions (1989)Free Cash Flow and Stockholde…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Two Agency-Cost Explanations of Dividends (1984)Two Agency-Cost Explanations …Principles of corporate finance (1982)Principles of corporate finan…GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)GROWTH, BETA AND AGENCY COSTS…Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Financial Ratios and the Prob…On financial contracting (1979)On financial contractingDeterminants 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…Board gender diversity and the cost of equity: What difference does gender quota legislation make? (2023)Board gender diversity and th…The effects of global financial crisis on the relationship between CEO compensation and earnings management (2020)The effects of global financi…Entrenchment or Efficiency? Ceo-to-Employee Pay Ratio and the Cost of Debt (2020)Entrenchment or Efficiency? C…The effect of cultural distance on contracting decisions: The case of executive compensation (2015)The effect of cultural distan…Performance choice, executive bonuses and corporate leverage (2012)Performance choice, executive…Capital structure and executive compensation contract design: A theoretical and empirical analysis (2011)Capital structure and executi…How the Legal System Affects the Equity Mix in Executive Compensation (2010)How the Legal System Affects …Optimal design of rating-trigger step-up bonds: Agency conflicts versus asymmetric information (2009)Optimal design of rating-trig…The Problem of Social Cost (1960)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financial Intermediation and Delegated Monitoring (1984)A Survey of Corporate Governance (1997)A Theory of Social Comparison Processes (1954)Stock options for undiversified executives (2002)Equity Incentives and Earnings Management (2005)Does it really pay to be green? Determinants and consequences of proactive environmental strategies (2010)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)Financial Ratios As Predictors of Failure (1966)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Conditional logit analysis of qualitative choice behavior (1972)Methodological Issues Related to the Estimation of Financial Distress Prediction Models (1984)The Effect of Audit Quality on Earnings Management* (1998)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Additional evidence on equity ownership and corporate value (1990)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Agency costs of free cash flow, corporate finance, and takeovers (1996)The Determinants of Capital Structure Choice (1988)Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The determinants and implications of corporate cash holdings (1999)The theory and practice of corporate finance: evidence from the field (2001)Agency Problems and the Theory of the Firm (1980)Efficient Capital Markets: II (1991)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 Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The External Control of Organizations. (1978)Income Inequality in the United States, 1913-1998 (2003)Political turnover and economic performance: the incentive role of personnel control in China (2004)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1980Financial Ratios and the Probabilistic Prediction of Bankruptcy6,005 cited
  • 1984Two Agency-Cost Explanations of Dividends3,109 cited
  • 1979On financial contracting2,901 cited
  • 2008Executive compensation2,390 cited
  • 1995The Maturity Structure of Corporate Debt1,856 cited
  • 1982GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS1,728 cited
  • 1999Chapter 38 Executive compensation1,569 cited
  • 1993Additional evidence on the association between the investment opportunity set and corporate financing, dividend, and compensation policies1,259 cited
  • 1995Do corporations award CEO stock options effectively?1,128 cited
  • 1989Free Cash Flow and Stockholder Gains in Going Private Transactions1,097 cited
  • 1995Corporate focus and stock returns1,078 cited
  • 1982Principles of corporate finance990 cited
  • 1996

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The Determinants of Corporate Debt Maturity Structure
942 cited

Cited by

  • 2010How the Legal System Affects the Equity Mix in Executive Compensation44 cited
  • 2015The effect of cultural distance on contracting decisions: The case of executive compensation42 cited
  • 2009Optimal design of rating-trigger step-up bonds: Agency conflicts versus asymmetric information37 cited
  • 2020The effects of global financial crisis on the relationship between CEO compensation and earnings management28 cited
  • 2012Performance choice, executive bonuses and corporate leverage21 cited
  • 2020Entrenchment or Efficiency? Ceo-to-Employee Pay Ratio and the Cost of Debt20 cited
  • 2011Capital structure and executive compensation contract design: A theoretical and empirical analysis19 cited
  • 2023Board gender diversity and the cost of equity: What difference does gender quota legislation make?18 cited