Executive Compensation and Relative Performance Evaluation ...

Executive Compensation Performance Measurement | Meridian

Long-term incentive programs are relatively less about influencing individual behavior and relatively more about establishing clear alignment ...

The dual role of peer groups in executive pay: Relative performance ...

Whenever the relative performance evaluation is positively related to the agent's reservation utility, the principal faces a trade-off between ...

The Role of Common Risk in the Effectiveness of Explicit Relative ...

Agency theory suggests that, for firms that experience common shocks, RPE in executive compensation plans improves risk sharing and strengthens incentive ...

CEO Compensation and Relative Company Performance Evaluation

The study provides confirmation that remuneration committees consider own firm performance relative to peer group performance in setting up CEO ...

Relative Performance Evaluation, Strategy Imitation, and Firm ...

RPE ties top executives' compensation to the performance of a peer group and has become a central component of executives' compensation contracts (Bizjak ...

CEO pay and the rise of relative performance contracts - CEPR

De Angelis and Grinstein (2016) report that, by 2007 only 30% of S&P 500 firms used some form of relative performance evaluation in any part of ...

Preaching water but drinking wine? Relative performance ...

The rise in the level of executive compensation in international banking in the last two decades has been striking. At the same time, ...

CEOs' Outside Employment Opportunities and the Lack of Relative ...

Performance Evaluation in Compensation Contracts. SHIVARAM RAJGOPAL, TERRY ... Rappaport, Alfred, 1999, New thinking on how to link executive pay with performance ...

Executive Compensation, featuring Mary Ellen Carter

[7] Factors such as bonus vs. penalty contracts or compensation contracts tied to relative performance evaluation (RPE) can lead to misreporting ...

Relative performance evaluation, pay-for-luck, and double-dipping ...

We investigate whether chief executive officer (CEO) pay is linked to firm-specific and/or industry-wide performance only when it results in higher ...

Essays on executive compensation: examining pay and ... - CentAUR

Essays on executive compensation: examining pay and performance associations, choice of performance measures and the use of relative performance ...

Quasi-experimental Evidence on the “RPE Puzzle”

Relative performance evaluation and related peer groups in executive compensation contracts. The Accounting Review 86(3), 1007–1043. Hoberg, G.

Relative Performance Evaluation—A Review of Recent Literature at ...

Ma- nagerial power theory argues that because executives have a lot of power, their power will also affect the design of executive compensation ...

"The Moderating Effect of Relative Performance Evaluation on the ...

Document Type. Article ; Keywords. Executive compensation, relative performance evaluation, risk incentives, systematic and idiosyncratic risk ...

Relative Performance Benchmarks: Do Boards Follow the ...

Keywords: Executive compensation; relative performance evaluation; relative TSR; common shock filtration; systematic risk; search-based ...

"The Moderating Effect of Relative Performance Evaluation on the ...

We offer evidence that the use of Relative Performance Evaluation (RPE) in CEOs' incentive contracts influences the effect of risk-taking ...

CEOs' Outside Employment Opportunities and the Lack of Relative ...

Although agency theory suggests that firms should index executive compensation to remove market-wide effects (i.e., RPE), there is little ...

Executive Compensation Complexity and Firm Performance

... performance? With unknown consequences, the compensation complexity of executives has been rising. We define and measure executive compensation ...

Relative Performance Evaluation In Executive Compensation ...

This paper examines the presence of relative performance evaluation in executive compensation contracts. Based on a literature review I conclude that the ...

Pay for Performance CEO Compensation Alignment Post SEC Rule ...

In collaboration with the European Corporate Governance Institute (ECGI), the John L. Weinberg Center for Corporate Governance and the ...