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Executive compensation and corporate risk-taking: Evidence from private loan contracts
16 references·2 citing·44 second hop
Executive compensation and corporate risk-taking: Evidence from private loan contracts (2020)Executive compensation and corporate risk…Forecasting Default with the Merton Distance to Default Model (2008)Forecasting Default with the …Executive compensation (2008)Executive compensationThe contracting benefits of accounting conservatism to lenders and borrowers (2007)The contracting benefits of a…Accounting Information, Disclosure, and the Cost of Capital (2007)Accounting Information, Discl…On the Nature of Capital Adjustment Costs (2006)On the Nature of Capital Adju…Managerial incentives and risk-taking☆ (2005)Managerial incentives and ris…Limited attention, information disclosure, and financial reporting (2003)Limited attention, informatio…Empirical evidence on the relation between stock option compensation and risk taking (2002)Empirical evidence on the rel…Does Option Compensation Increase Managerial Risk Appetite? (2000)Does Option Compensation Incr…The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants (1999)The sensitivity of CEO wealth…Chapter 38 Executive compensation (1999)Chapter 38 Executive compensa…Agency Costs, Risk Management, and Capital Structure (1998)Agency Costs, Risk Management…An Incomplete Contracts Approach to Financial Contracting (1992)An Incomplete Contracts Appro…Portfolio Considerations in Valuing Executive Compensation (1991)Portfolio Considerations in V…On financial contracting (1979)On financial contractingTheory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Are MBA CEOs really more risk-averse? (2023)Are MBA CEOs really more risk…Entrepreneurs' hobbies and corporate risk taking: Evidence from China (2021)Entrepreneurs' hobbies and co…The Problem of Social Cost (1960)The Pricing of Options and Corporate Liabilities (1973)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)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Boards: Does one size fit all☆ (2007)Are Overconfident CEOs Better Innovators? (2012)Corporate Immunity to the COVID-19 Pandemic (2020)On the Pricing of Corporate Debt: The Risk Structure of Interest Rates (1974)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)The Economics of Structured Finance (2009)Credit Spreads and Business Cycle Fluctuations (2012)Predictably Unequal? The Effects of Machine Learning on Credit Markets (2021)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Term Structures of Credit Spreads with Incomplete Accounting Information (2001)Capital Structure and Stock Returns (2004)Environmental risk management and the cost of capital (2008)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)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)Firms, Contracts, and Financial Structure (1995)What Do We Know about Capital Structure? Some Evidence from International Data (1995)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)Disclosure, Liquidity, and the Cost of Capital (1991)Legal Determinants of External Finance (1997)How does financial reporting quality relate to investment efficiency? (2009)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Judgment under Uncertainty: Heuristics and Biases (1974)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Investor Inattention and Friday Earnings Announcements (2009)In Search of Attention (2011)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)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 2005Managerial incentives and risk-taking☆2,924 cited
  • 1979On financial contracting2,901 cited
  • 2007Accounting Information, Disclosure, and the Cost of Capital2,582 cited
  • 2008Executive compensation2,390 cited
  • 2003Limited attention, information disclosure, and financial reporting2,339 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 1992An Incomplete Contracts Approach to Financial Contracting2,132 cited
  • 1999Chapter 38 Executive compensation1,569 cited
  • 1998Agency Costs, Risk Management, and Capital Structure1,495 cited
  • 1999The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants1,391 cited
  • 2006On the Nature of Capital Adjustment Costs1,166 cited
  • 2000Does Option Compensation Increase Managerial Risk Appetite?926 cited
  • 2007The contracting benefits of accounting conservatism to lenders and borrowers916 cited
  • 2002Empirical evidence on the relation between stock option compensation and risk taking863 cited

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1991
Portfolio Considerations in Valuing Executive Compensation
844 cited

Cited by

  • 2021Entrepreneurs' hobbies and corporate risk taking: Evidence from China21 cited
  • 2023Are MBA CEOs really more risk-averse?21 cited