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Credit Ratings and CEO Risk‐Taking Incentives
16 references·16 citing·39 second hopsampled
Credit Ratings and CEO Risk‐Taking Incentives (2012)Credit Ratings and CEO Risk‐Taking Incent…Robust Inference With Multiway Clustering (2011)Robust Inference With Multiwa…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…The market pricing of accruals quality (2005)The market pricing of accrual…Managerial incentives and risk-taking☆ (2005)Managerial incentives and ris…Founding family ownership and the agency cost of debt (2003)Founding family ownership and…Executive Compensation as an Agency Problem (2003)Executive Compensation as an …Testing Trade-Off and Pecking Order Predictions About Dividends and Debt (2002)Testing Trade-Off and Pecking…Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility (2002)Estimating the Value of Emplo…The theory and practice of corporate finance: evidence from the field (2001)The theory and practice of co…Explaining the Rate Spread on Corporate Bonds (2001)Explaining the Rate Spread on…Corporate governance, chief executive officer compensation, and firm performance (1999)Corporate governance, chief e…Debt covenant violation and manipulation of accruals (1994)Debt covenant violation and m…Performance Pay and Top-Management Incentives (1990)Performance Pay and Top-Manag…The Determinants of Firms' Hedging Policies (1985)The Determinants of Firms' He…Estimating betas from nonsynchronous data (1977)Estimating betas from nonsync…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Credit risk assessment and executives’ legal expertise (2022)Credit risk assessment and ex…Credit ratings and social capital (2022)Credit ratings and social cap…Why CEO option compensation can be a bad option for shareholders: Evidence from major customer relationships (2021)Why CEO option compensation c…Does soft information determine credit risk? Text-based evidence from European banks (2021)Does soft information determi…CEO political preference and credit ratings (2021)CEO political preference and …Is bank creditworthiness associated with risk disclosure behavior? Evidence from Islamic and conventional banks in emerging countries (2020)Is bank creditworthiness asso…Good for managers, bad for society? Causal evidence on the association between risk‐taking incentives and corporate social responsibility (2020)Good for managers, bad for so…Does family ownership always reduce default risk? (2020)Does family ownership always …Do co-opted directors influence corporate risk-taking and credit ratings? (2020)Do co-opted directors influen…Are bank risk disclosures informative? Evidence from debt markets (2020)Are bank risk disclosures inf…Inventory leanness, risk taking, environmental complexity, and productivity (2018)Inventory leanness, risk taki…Board risk committees: Insurer financial strength ratings and performance (2018)Board risk committees: Insure…The Combined Effect of Enterprise Risk Management and Diversification on Property and Casualty Insurer Performance (2016)The Combined Effect of Enterp…Rating friends: The effect of personal connections on credit ratings (2016)Rating friends: The effect of…Trade Credit Risk Management: The Role of Executive Risk‐Taking Incentives (2015)Trade Credit Risk Management:…The influence of firm and executive characteristics on performance-vested stock option grants (2011)The influence of firm and exe…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)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)How does financial reporting quality relate to investment efficiency? (2009)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Management ownership and market valuation (1988)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Higher market valuation of companies with a small board of directors (1996)Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature (2001)Corporate Governance and Equity Prices (2003)On the use of instrumental variables in accounting research (2009)Econometric Analysis of Cross Section and Panel Data (2001)Bootstrap-Based Improvements for Inference with Clustered Errors (2008)Temperature Shocks and Economic Growth: Evidence from the Last Half Century (2012)Policy Uncertainty and Corporate Investment (2015)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)On financial contracting (1979)Optimal capital structure under corporate and personal taxation (1980)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis (2008)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)Corporate financing and investment decisions when firms have information that investors do not have (1984)Managing with Style: The Effect of Managers on Firm Policies (2003)Law, finance, and economic growth in China (2005)The economic implications of corporate financial reporting (2005)Specification Tests in Econometrics (1978)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)A Survey of Corporate Governance (1997)Market Timing and Capital Structure (2002)CEO Overconfidence and Corporate Investment (2005)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 1990Performance Pay and Top-Management Incentives5,080 cited
  • 1999Corporate governance, chief executive officer compensation, and firm performance4,334 cited
  • 2002Testing Trade-Off and Pecking Order Predictions About Dividends and Debt3,396 cited
  • 1985The Determinants of Firms' Hedging Policies3,270 cited
  • 2011Robust Inference With Multiway Clustering3,199 cited
  • 2005The market pricing of accruals quality3,101 cited
  • 2005Managerial incentives and risk-taking☆2,924 cited
  • 1994Debt covenant violation and manipulation of accruals2,773 cited
  • 1977Estimating betas from nonsynchronous data2,751 cited
  • 2003Executive Compensation as an Agency Problem2,347 cited
  • 2003Founding family ownership and the agency cost of debt1,813 cited
  • 2002Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility1,697 cited

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

  • 2001Explaining the Rate Spread on Corporate Bonds1,580 cited
  • Cited by

    • 2021CEO political preference and credit ratings100 cited
    • 2016The Combined Effect of Enterprise Risk Management and Diversification on Property and Casualty Insurer Performance66 cited
    • 2020Are bank risk disclosures informative? Evidence from debt markets62 cited
    • 2018Board risk committees: Insurer financial strength ratings and performance54 cited
    • 2020Good for managers, bad for society? Causal evidence on the association between risk‐taking incentives and corporate social responsibility53 cited
    • 2016Rating friends: The effect of personal connections on credit ratings47 cited
    • 2020Is bank creditworthiness associated with risk disclosure behavior? Evidence from Islamic and conventional banks in emerging countries45 cited
    • 2020Do co-opted directors influence corporate risk-taking and credit ratings?45 cited
    • 2021Why CEO option compensation can be a bad option for shareholders: Evidence from major customer relationships43 cited
    • 2022Credit risk assessment and executives’ legal expertise43 cited
    • 2021Does soft information determine credit risk? Text-based evidence from European banks42 cited
    • 2022Credit ratings and social capital41 cited
    • 2020Does family ownership always reduce default risk?29 cited
    • 2015Trade Credit Risk Management: The Role of Executive Risk‐Taking Incentives27 cited
    • 2018Inventory leanness, risk taking, environmental complexity, and productivity26 cited
    • 2011The influence of firm and executive characteristics on performance-vested stock option grants26 cited