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Relative Versus Absolute Performance Evaluation and CEO Decision-Making
16 references·0 citing·51 second hopsampled
Relative Versus Absolute Performance Evaluation and CEO Decision-Making (2022)Relative Versus Absolute Performance Eval…The Dark Side of Competition for Status (2013)The Dark Side of Competition …Stock options and managerial incentives for risk taking: Evidence from FAS 123R (2012)Stock options and managerial …Corporate tax avoidance and stock price crash risk: Firm-level analysis (2011)Corporate tax avoidance and s…Debt Capacity and Tests of Capital Structure Theories (2010)Debt Capacity and Tests of Ca…Rank‐Order Tournaments and Incentive Alignment: The Effect on Firm Performance (2009)Rank‐Order Tournaments and In…Opaque financial reports, R2, and crash risk☆ (2009)Opaque financial reports, R2,…Forecasting Default with the Merton Distance to Default Model (2008)Forecasting Default with the …Asymmetric benchmarking in compensation: Executives are rewarded for good luck but not penalized for bad (2006)Asymmetric benchmarking in co…Managerial incentives and risk-taking☆ (2005)Managerial incentives and ris…Forecasting crashes: trading volume, past returns, and conditional skewness in stock prices (2001)Forecasting crashes: trading …Herding among Investment Newsletters: Theory and Evidence (1999)Herding among Investment News…The Effect of Myopia and Loss Aversion on Risk Taking: An Experimental Test (1997)The Effect of Myopia and Loss…Industry costs of equity (1997)Industry costs of equityOf Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry (1996)Of Tournaments and Temptation…Financial Dependence and Growth (1996)Financial Dependence and Grow…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Management During Import Relief Investigations (1991)The economic implications of corporate financial reporting (2005)CFOs versus CEOs: Equity incentives and crashes (2011)Corporate social responsibility and stock price crash risk (2014)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)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)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)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)Credit Rationing in Markets with Imperfect Information (1981)A Contribution to the Empirics of Economic Growth (1992)Financial intermediation and growth: Causality and causes (2000)Finance and Growth: Theory and Evidence (2004)Law, finance, and economic growth in China (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)Rank-Order Tournaments as Optimum Labor Contracts (1979)Rank-Order Tournaments as Optimum Labor Contracts (1981)Prizes and Incentives in Elimination Tournaments (1985)Mutual Fund Flows and Performance in Rational Markets (2002)Does Fund Size Erode Mutual Fund Performance? The Role of Liquidity and Organization (2004)On the Industry Concentration of Actively Managed Equity Mutual Funds (2005)Detecting Earnings Management. (1995)Corporate Governance and Equity Prices (2003)Earnings Management through Real Activities Manipulation (2003)Accounting Conservatism and Stock Price Crash Risk: Firm‐level Evidence (2014)Advances in prospect theory: Cumulative representation of uncertainty (1992)Timid Choices and Bold Forecasts: A Cognitive Perspective on Risk Taking (1993)An Experiment on Risk Taking and Evaluation Periods (1997)Back to Bentham? Explorations of Experienced Utility (1997)Labor Supply of New York City Cabdrivers: One Day at a Time (1997)Chapter 18 A survey of behavioral finance (2003)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Asymmetric correlations of equity portfolios (2002)Who Gambles in the Stock Market? (2009)
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References

  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1996Financial Dependence and Growth8,055 cited
  • 1997Industry costs of equity5,793 cited
  • 2005Managerial incentives and risk-taking☆2,924 cited
  • 2009Opaque financial reports, R2, and crash risk☆2,796 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 2011Corporate tax avoidance and stock price crash risk: Firm-level analysis2,154 cited
  • 2001Forecasting crashes: trading volume, past returns, and conditional skewness in stock prices1,918 cited
  • 1996Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry1,491 cited
  • 1997The Effect of Myopia and Loss Aversion on Risk Taking: An Experimental Test1,050 cited
  • 1999Herding among Investment Newsletters: Theory and Evidence759 cited
  • 2010Debt Capacity and Tests of Capital Structure Theories614 cited
  • 2012Stock options and managerial incentives for risk taking: Evidence from FAS 123R543 cited
  • 2009Rank‐Order Tournaments and Incentive Alignment: The Effect on Firm Performance510 cited
  • 2013The Dark Side of Competition for Status

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508 cited
  • 2006Asymmetric benchmarking in compensation: Executives are rewarded for good luck but not penalized for bad480 cited
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