SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
How Do Quasi‐Random Option Grants Affect CEO Risk‐Taking?
16 references·16 citing·45 second hopsampled
How Do Quasi‐Random Option Grants Affect CEO Risk‐Taking? (2017)How Do Quasi‐Random Option Grants Affect …Market Expectations in the Cross‐Section of Present Values (2013)Market Expectations in the Cr…Executive Compensation: Where We Are, and How We Got There (2013)Executive Compensation: Where…CEO compensation and corporate risk: Evidence from a natural experiment (2013)CEO compensation and corporat…Stock options and managerial incentives for risk taking: Evidence from FAS 123R (2012)Stock options and managerial …Executive stock options, differential risk-taking incentives, and firm value (2011)Executive stock options, diff…CEOs versus CFOs: Incentives and corporate policies (2010)CEOs versus CFOs: Incentives …On the Timing of CEO Stock Option Awards (2005)On the Timing of CEO Stock Op…Managerial incentives and risk-taking☆ (2005)Managerial incentives and ris…Compensation, Incentives, and the Duality of Risk Aversion and Riskiness (2004)Compensation, Incentives, and…Stock options for undiversified executives (2002)Stock options for undiversifi…Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility (2002)Estimating the Value of Emplo…Does Option Compensation Increase Managerial Risk Appetite? (2000)Does Option Compensation Incr…CEO stock option awards and the timing of corporate voluntary disclosures (2000)CEO stock option awards and t…The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants (1999)The sensitivity of CEO wealth…Portfolio Considerations in Valuing Executive Compensation (1991)Portfolio Considerations in V…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…A tale of riskiness: The real effects of share pledging on the Chinese stock market (2022)A tale of riskiness: The real…Why CEO option compensation can be a bad option for shareholders: Evidence from major customer relationships (2021)Why CEO option compensation c…Outside Opportunities, Managerial Risk Taking, and CEO Compensation (2021)Outside Opportunities, Manage…How does labor protection influence corporate risk-taking? Evidence from China (2021)How does labor protection inf…Compensation disclosures and strategic commitment: Evidence from revenue-based pay (2021)Compensation disclosures and …CEO mobility and corporate policy risk (2021)CEO mobility and corporate po…CEO risk-taking incentives and corporate social responsibility (2020)CEO risk-taking incentives an…The influence of CEO risk tolerance on initial pay packages (2019)The influence of CEO risk tol…Politics, State Ownership, and Corporate Investments (2019)Politics, State Ownership, an…Does Option-Based Compensation Affect Payout Policy? Evidence from FAS 123R (2018)Does Option-Based Compensatio…Locked-In: The Effect of CEOs' Capital Gains Taxes on Corporate Risk-Taking (2017)Locked-In: The Effect of CEOs…How Important Are Risk-Taking Incentives in Executive Compensation? (2017)How Important Are Risk-Taking…Executive Compensation: A Survey of Theory and Evidence ✶ ✶We thank Aubrey Clark, Fabrizio Ferri, Carola Frydman, Tom Gosling, Steve Kaplan, Gaizka Ormazabal, Kelly Shue, Alexander Wagner, David Zhang, and especially Pierre Chaigneau for helpful comments and Janet Chater, Irem Erten, Jesus Gorrin, Joseph Kalmenovitz, and Jiaying Wei for research assistance. (2017)Executive Compensation: A Sur…CEO compensation and risk-taking at financial firms: Evidence from U.S. federal loan assistance (2017)CEO compensation and risk-tak…Do Director Elections Matter? (2015)Do Director Elections Matter?How Important are Risk-Taking Incentives in Executive Compensation? (2008)How Important are Risk-Taking…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)The Pricing of Options and Corporate Liabilities (1973)Boards: Does one size fit all☆ (2007)Are Overconfident CEOs Better Innovators? (2012)Corporate Immunity to the COVID-19 Pandemic (2020)Determinants of corporate borrowing (1977)The use of equity grants to manage optimal equity incentive levels (1999)The role of information and financial reporting in corporate governance and debt contracting (2010)CFOs versus CEOs: Equity incentives and crashes (2011)Positive Accounting Theory (1985)The effect of bonus schemes on accounting decisions (1985)Performance Pay and Top-Management Incentives (1990)Credibility of Management Forecasts (2005)Founding Family Ownership and Earnings Quality (2006)Why do corporate managers misstate financial statements? The role of option compensation and other factors (2007)Corporate performance and managerial remuneration (1985)Executive compensation, management turnover, and firm performance (1985)A review of the empirical disclosure literature: discussion (2001)Empirical evidence on the relation between stock option compensation and risk taking (2002)The Trouble with Stock Options (2003)Portfolio Performance Manipulation and Manipulation-proof Performance MeasuresOptimum consumption and portfolio rules in a continuous-time model (1971)High‐Water Marks and Hedge Fund Management Contracts (2003)An econometric model of serial correlation and illiquidity in hedge fund returns (2004)Brownian Motion and Stochastic Calculus (2007)Risk Aversion in the Small and in the Large (1964)Risk Aversion in the Small and in the Large (1976)The Determinants of Firms' Hedging Policies (1985)Participation Costs and the Sensitivity of Fund Flows to Past Performance (2007)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)Systemic risk and the macroeconomy: An empirical evaluation (2016)What is the Expected Return on the Market?* (2016)Volatility‐Managed Portfolios (2017)The Nature of the Firm (1937)Separation of Ownership and Control (1983)Corporate financing and investment decisions when firms have information that investors do not have (1984)Law and Finance (1998)CEO Overconfidence and Corporate Investment (2002)Women in the Boardroom and Their Impact on Governance and Performance (2008)CEO Overconfidence and Innovation (2011)Proximity and Investment: Evidence from Plant-Level Data (2011)Women on board: Does boardroom gender diversity affect firm risk? (2015)Pilot CEOs and corporate innovation (2016)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 2005Managerial incentives and risk-taking☆2,924 cited
  • 2002Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility1,697 cited
  • 1999The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants1,391 cited
  • 2002Stock options for undiversified executives1,167 cited
  • 2000CEO stock option awards and the timing of corporate voluntary disclosures1,053 cited
  • 2000Does Option Compensation Increase Managerial Risk Appetite?926 cited
  • 1991Portfolio Considerations in Valuing Executive Compensation844 cited
  • 2004Compensation, Incentives, and the Duality of Risk Aversion and Riskiness654 cited
  • 2013Market Expectations in the Cross‐Section of Present Values573 cited
  • 2013Executive Compensation: Where We Are, and How We Got There566 cited
  • 2012Stock options and managerial incentives for risk taking: Evidence from FAS 123R543 cited
  • 2010CEOs versus CFOs: Incentives and corporate policies541 cited
  • 2005On the Timing of CEO Stock Option Awards510 cited
  • 2011Executive stock options, differential risk-taking incentives, and firm value

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

464 cited
  • 2013CEO compensation and corporate risk: Evidence from a natural experiment379 cited
  • Cited by

    • 2020CEO risk-taking incentives and corporate social responsibility139 cited
    • 2015Do Director Elections Matter?100 cited
    • 2017Executive Compensation: A Survey of Theory and Evidence ✶ ✶We thank Aubrey Clark, Fabrizio Ferri, Carola Frydman, Tom Gosling, Steve Kaplan, Gaizka Ormazabal, Kelly Shue, Alexander Wagner, David Zhang, and especially Pierre Chaigneau for helpful comments and Janet Chater, Irem Erten, Jesus Gorrin, Joseph Kalmenovitz, and Jiaying Wei for research assistance.79 cited
    • 2019Politics, State Ownership, and Corporate Investments79 cited
    • 2017Locked-In: The Effect of CEOs' Capital Gains Taxes on Corporate Risk-Taking76 cited
    • 2019The influence of CEO risk tolerance on initial pay packages71 cited
    • 2017CEO compensation and risk-taking at financial firms: Evidence from U.S. federal loan assistance71 cited
    • 2021Compensation disclosures and strategic commitment: Evidence from revenue-based pay69 cited
    • 2017How Important Are Risk-Taking Incentives in Executive Compensation?62 cited
    • 2021Outside Opportunities, Managerial Risk Taking, and CEO Compensation53 cited
    • 2008How Important are Risk-Taking Incentives in Executive Compensation?51 cited
    • 2018Does Option-Based Compensation Affect Payout Policy? Evidence from FAS 123R49 cited
    • 2021How does labor protection influence corporate risk-taking? Evidence from China44 cited
    • 2021Why CEO option compensation can be a bad option for shareholders: Evidence from major customer relationships43 cited
    • 2022A tale of riskiness: The real effects of share pledging on the Chinese stock market41 cited
    • 2021CEO mobility and corporate policy risk40 cited