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Residual Income-Based Compensation Plans for Controlling Investment Decisions Under Sequential Private Information
16 references·6 citing·36 second hop
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References

  • 1993A Theory of Incentives in Procurement and Regulation3,005 cited
  • 1994A theory of incentives in procurement and regulation2,554 cited
  • 1996Real Options: Managerial Flexibility and Strategy in Resource Allocation2,220 cited
  • 1979Incentive Compatibility and the Bargaining Problem1,983 cited
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  • 1985Capital Rationing and Organizational Slack in Capital Budgeting450 cited
  • 2000EVA and Value-Based Management: A Practical Guide to Implementation388 cited
  • 1997Intertemporal Cost Allocation and Managerial Investment Incentives: A Theory Explaining the Use of Economic Value Added as a Performance Measure314 cited
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  • 2002“Cost of Capital” in Residual Income for Performance Evaluation250 cited
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  • 2002Controlling Investment Decisions: Depreciation- and Capital Charges128 cited
  • 1989Value of communication in agencies124 cited
  • 2005Accrual Accounting for Performance Evaluation97 cited
  • 1990Resource Rationing and Organizational Slack in a Two-Period Model

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88 cited
  • 2003Delegated Investment Decisions and Private Benefits of Control88 cited
  • Cited by

    • 2007Cost Allocation for Capital Budgeting Decisions59 cited
    • 2009Depreciation Rules and the Relation between Marginal and Historical Cost50 cited
    • 2010Decentralized capacity management and internal pricing37 cited
    • 2010A dynamic model of supplier switching28 cited
    • 2012Controlling for supplier switching in the presence of real options and asymmetric information20 cited
    • 2019Consistency between principal and agent with differing time horizons: Computing incentives under risk16 cited