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When is enough, enough? Market reaction to highly dilutive stock option plans and the subsequent impact on CEO compensation
14 references·7 citing·43 second hop
When is enough, enough? Market reaction to highly dilutive stock option plans and the subsequent impact on CEO compensation (2003)When is enough, enough? Market reaction t…Executive compensation (2008)Executive compensationLinking pay to performance—compensation proposals in the S&P 500 (2001)Linking pay to performance—co…Has the Use of Peer Groups Contributed to Higher Pay and Less Efficient Compensation? (2000)Has the Use of Peer Groups Co…CEO Compensation in the 1990s: Shareholder Alignment or Shareholder Expropriation? (2000)CEO Compensation in the 1990s…The Effect of Shareholder Proposals on Executive Compensation (1999)The Effect of Shareholder Pro…The Effect of Shareholder Proposals on Executive Compensation (1999)The Effect of Shareholder Pro…Executive Compensation (1999)Executive CompensationThe Effect of Executive Stock Option Plans on Stockholders and Bondholders (1990)The Effect of Executive Stock…A nonparametric test for abnormal security-price performance in event studies (1989)A nonparametric test for abno…Using daily stock returns (1985)Using daily stock returnsThe impact of long-range managerial compensation plans on shareholder wealth (1985)The impact of long-range mana…Market reaction to short-term executive compensation plan adoption (1985)Market reaction to short-term…The association between performance plan adoption and corporate capital investment (1983)The association between perfo…Measuring security price performance (1980)Measuring security price perf…The Effects of Current Income Attributes on Nonprofessional Investors’ Say-on-Pay Judgments: Does Fairness Still Matter? (2016)The Effects of Current Income…Corporate governance and the variability of stock returns (2014)Corporate governance and the …Does Shareholder Approval Requirement of Equity Compensation Plans Matter? (2011)Does Shareholder Approval Req…Capital structure and executive compensation contract design: A theoretical and empirical analysis (2011)Capital structure and executi…The Missing Link between Corporate Performance Measurement Systems and Chief Executive Officer Incentive Plans (2010)The Missing Link between Corp…Intermediation Reduces Punishment (and Reward) (2009)Intermediation Reduces Punish…A Review of Corporate Governance in China (2008)A Review of Corporate Governa…An Empirical Evaluation of Accounting Income Numbers (1968)Moral Hazard and Observability (1979)Interpreting Common Stock Returns around Proxy Statement Disclosures and Annual Shareholder Meetings (1986)The Effects of Human Resource Management Decisions on Shareholder Value (1990)Incentives and Careers in Organizations (1996)Foundations of Finance. (1977)The Event Study Methodology Since 1969 (1998)Does female board representation influence firm performance? The Danish evidence (2007)Econometrics of Event Studies**We thank Espen Eckbo, Jon Lewellen, Adam Kolasinski, and Jay Ritter for insightful comments, and Irfan Safdar and Alan Wancier for research assistance. (2007)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and the Theory of the Firm (1980)Production, Information Costs and Economic Organization (1996)Reframing Execufive Compensation: An Assessment and Outlook (1997)CEO Stock‐Based Compensation: An Empirical Analysis of Incentive‐Intensity, Relative Mix, and Economic Determinants (2000)The Effects of CEO Pay Structure on Corporate Social Performance (2006)Performance Pay and Top-Management Incentives (1990)Corporate governance, chief executive officer compensation, and firm performance (1999)Board Compensation Practices and Agency Costs of Debt (2007)The Evolution of Shareholder Activism in the United States (2007)Interim News and the Role of Proxy Voting Advice (2010)On corporate governance (1983)Employee Compensation: Research and Practice (1992)Information Disclosure Strategy (1992)The Firm is Dead; Long Live the Firm: A Review of Oliver E. Williamson's The Economic Institutions of Capitalism (1997)The Adjustment of Stock Prices to New Information (1969)Risk, Return, and Equilibrium: Empirical Tests (1973)Event Studies in Economics and Finance (1997)Introductory Econometrics for Finance (2008)The Pricing of Options and Corporate Liabilities (1973)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The exercise and valuation of executive stock options (1998)An equilibrium model of incentive contracts in the presence of information manipulation (2006)Executive stock options, differential risk-taking incentives, and firm value (2011)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)A Theory of Social Comparison Processes (1954)Assessing empirical research in managerial accounting: a value-based management perspective (2001)Bank CEO incentives and the credit crisis (2010)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)
this work references cited by second hop

References

  • 1985Using daily stock returns6,497 cited
  • 1980Measuring security price performance3,330 cited
  • 2008Executive compensation2,390 cited
  • 1989A nonparametric test for abnormal security-price performance in event studies1,077 cited
  • 1999Executive Compensation920 cited
  • 1990The Effect of Executive Stock Option Plans on Stockholders and Bondholders489 cited
  • 1983The association between performance plan adoption and corporate capital investment404 cited
  • 1985The impact of long-range managerial compensation plans on shareholder wealth285 cited
  • 2001Linking pay to performance—compensation proposals in the S&P 500204 cited
  • 1985Market reaction to short-term executive compensation plan adoption111 cited
  • 2000Has the Use of Peer Groups Contributed to Higher Pay and Less Efficient Compensation?99 cited
  • 2000CEO Compensation in the 1990s: Shareholder Alignment or Shareholder Expropriation?70 cited
  • 1999The Effect of Shareholder Proposals on Executive Compensation59 cited
  • 1999The Effect of Shareholder Proposals on Executive Compensation55 cited

Cited by

  • 2009Intermediation Reduces Punishment (and Reward)

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30 cited
  • 2014Corporate governance and the variability of stock returns22 cited
  • 2011Does Shareholder Approval Requirement of Equity Compensation Plans Matter?19 cited
  • 2011Capital structure and executive compensation contract design: A theoretical and empirical analysis19 cited
  • 2008A Review of Corporate Governance in China17 cited
  • 2016The Effects of Current Income Attributes on Nonprofessional Investors’ Say-on-Pay Judgments: Does Fairness Still Matter?16 cited
  • 2010The Missing Link between Corporate Performance Measurement Systems and Chief Executive Officer Incentive Plans14 cited