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Payout Policy, Capital Structure, and Compensation Contracts when Managers Value Control
16 references·16 citing·43 second hopsampled
Payout Policy, Capital Structure, and Compensation Contracts when Managers Value Control (1993)Payout Policy, Capital Structure, and Com…Eclipse of the Public Corporation (1999)Eclipse of the Public Corpora…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…Capital Structure and the Informational Role of Debt (1990)Capital Structure and the Inf…The theory of contracts (1987)The theory of contractsThe effect of bonus schemes on accounting decisions (1985)The effect of bonus schemes o…Incentive-Compatible Debt Contracts: The One-Period Problem (1985)Incentive-Compatible Debt Con…Two Agency-Cost Explanations of Dividends (1984)Two Agency-Cost Explanations …Investment incentives, debt, and warrants (1984)Investment incentives, debt, …Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)GROWTH, BETA AND AGENCY COSTS…Optimal contracts and competitive markets with costly state verification (1979)Optimal contracts and competi…Incentive Compatibility and the Bargaining Problem (1979)Incentive Compatibility and t…Equilibrium in supergames with the overtaking criterion (1979)Equilibrium in supergames wit…THE INSIGNIFICANCE OF BANKRUPTCY COSTS TO THE THEORY OF OPTIMAL CAPITAL STRUCTURE (1978)THE INSIGNIFICANCE OF BANKRUP…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…Does corporate governance affect dividend policy in India? Firm-level evidence from new indices (2019)Does corporate governance aff…Finance as Worship: A Survey of Islamic Finance Research (2017)Finance as Worship: A Survey …Stock-based managerial compensation, price informativeness, and the incentive to overinvest (2014)Stock-based managerial compen…Measuring Agency Costs over the Business Cycle (2014)Measuring Agency Costs over t…Human Capital, Bankruptcy and Capital Structure (2008)Human Capital, Bankruptcy and…Executive Compensation and Incentives (2008)Executive Compensation and In…Dynamic Capital Structure under Managerial Entrenchment: Evidence from a Structural Estimation (2008)Dynamic Capital Structure und…Dividend payout and executive compensation: theory and evidence (2008)Dividend payout and executive…Human Capital, Bankruptcy and Capital Structure (2007)Human Capital, Bankruptcy and…Capital Structure, Compensation and Incentives (2006)Capital Structure, Compensati…Capital Structure and Dividend Policy: Two Sides of the Same Coin? (2006)Capital Structure and Dividen…Does Corporate Performance Determine Capital Structure and Dividend Policy? (2005)Does Corporate Performance De…Managerial Flexibility, Agency Costs and Optimal Capital Structure (2002)Managerial Flexibility, Agenc…Open‐Market Stock Repurchase and Stock Price Behavior When Management Values Real Investment (2000)Open‐Market Stock Repurchase …Executive Salaries as Tournament Prizes and Executive Bonuses as Managerial Incentives in Japan (1997)Executive Salaries as Tournam…Chapter 22 Corporate financial structure, incentives and optimal contracting (1995)Chapter 22 Corporate financia…The Bargaining Problem (1950)Manipulation of Voting Schemes: A General Result (1973)Strategy-proofness and Arrow's conditions: Existence and correspondence theorems for voting procedures and social welfare functions (1975)The New Economics of Organization (1984)The Theory of Incentives: The Principal-Agent Model (2001)Multiagent systems: algorithmic, game-theoretic, and logical foundations (2009)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)A Survey of Corporate Governance (1997)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)Bank Runs, Deposit Insurance, and Liquidity (1983)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Intermediation, Loanable Funds, and The Real Sector (1997)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)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firms, Contracts, and Financial Structure (1995)Credit Rationing in Markets with Imperfect Information (1981)Reputation Acquisition in Debt Markets (1989)Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)The role of capital in financial institutions (1995)Agency Problems and the Theory of the Firm (1980)Efficient Capital Markets: II (1991)Theory of Value (1959)Essays in the Theory of Risk-Bearing. (1972)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Agency Costs, Net Worth, And Business Fluctuations (1988)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)Towards a Positive Theory of the Determination of Accounting Standards. (1978)A Review of the Earnings Management Literature and Its Implications for Standard Setting (1999)Earnings Management through Real Activities Manipulation (2003)The economic implications of corporate financial reporting (2005)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 1985The effect of bonus schemes on accounting decisions3,311 cited
  • 1979Optimal contracts and competitive markets with costly state verification3,201 cited
  • 1984Two Agency-Cost Explanations of Dividends3,109 cited
  • 1979Incentive Compatibility and the Bargaining Problem1,983 cited
  • 1985Incentive-Compatible Debt Contracts: The One-Period Problem1,799 cited
  • 1982GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS1,728 cited
  • 1999Eclipse of the Public Corporation1,656 cited
  • 1990Capital Structure and the Informational Role of Debt1,378 cited
  • 1987The theory of contracts1,330 cited
  • 1984Investment incentives, debt, and warrants691 cited
  • 1978THE INSIGNIFICANCE OF BANKRUPTCY COSTS TO THE THEORY OF OPTIMAL CAPITAL STRUCTURE472 cited
  • 1979

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Equilibrium in supergames with the overtaking criterion
456 cited

Cited by

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  • 2019Does corporate governance affect dividend policy in India? Firm-level evidence from new indices39 cited
  • 2006Capital Structure, Compensation and Incentives39 cited
  • 2000Open‐Market Stock Repurchase and Stock Price Behavior When Management Values Real Investment33 cited
  • 2014Stock-based managerial compensation, price informativeness, and the incentive to overinvest30 cited
  • 1995Chapter 22 Corporate financial structure, incentives and optimal contracting23 cited
  • 2014Measuring Agency Costs over the Business Cycle23 cited
  • 2008Dynamic Capital Structure under Managerial Entrenchment: Evidence from a Structural Estimation19 cited
  • 2017Finance as Worship: A Survey of Islamic Finance Research19 cited
  • 2005Does Corporate Performance Determine Capital Structure and Dividend Policy?18 cited
  • 2007Human Capital, Bankruptcy and Capital Structure17 cited
  • 2006Capital Structure and Dividend Policy: Two Sides of the Same Coin?16 cited
  • 2002Managerial Flexibility, Agency Costs and Optimal Capital Structure16 cited