CEO Compensation and Adverse Shocks

CEO Compensation and Adverse Shocks: Evidence from Changes ...

We find that adverse environmental regulatory shocks typically prompt corporate boards to reduce the risk-taking incentives of CEO compensation.

CEO Compensation and Adverse Shocks: Evidence from Changes ...

We find that adverse environmental regulatory shocks typically prompt corporate boards to reduce the risk-taking incentives of CEO compensation. However, this ...

CEO Compensation and Cash-Flow Shocks

We discover that more stringent environmental regulations that squeeze cash flows reduce Vega, i.e., adverse cash-flow shocks induce corporate ...

CEO Compensation and Cash-Flow Shocks - Search eLibrary :: SSRN

Exploiting changes in compliance with environmental regulations as shocks to expected future cash flows, we find that adverse shocks typically ...

CEO Compensation and Adverse Shocks: Evidence from Changes i

Although corporate finance theory suggests how adverse shocks influence shareholder preferences toward corporate risk-taking and executive compensation, ...

CEO Compensation and Adverse Shocks: Evidence from Changes ...

By Seungho Choi, Ross Levine, Raphael Park and Simon Xu; Abstract: Although corporate finance theory suggests how adverse shocks influence shareholder ...

CEO Compensation and Adverse Shocks : Evidence from Changes ...

Although corporate finance theory suggests how adverse shocks influence shareholder preferences toward corporate risk-taking and executive compensation, ...

CEO Compensation and Adverse Shocks: Evidence from Changes ...

CEO Compensation and Adverse Shocks: Evidence from Changes in Environmental Regulations ... To read the full-text of this research, you can ...

Common shocks and relative compensation - USC Dornsife

circumstances, the CEO is paid more if the common shock is favorable. ... shocks—it avoids exposing CEOs to risks which do not serve to create incentives.

Why CEO Option Compensation Can be a Bad Option for ...

We hypothesize that CEO risk-taking incentives from stock option compensation can reduce the value of important customer relationships.

Terrorist attacks, CEO overconfidence, and CEO compensation

The findings indicate that overconfident CEOs of affected firms are likely to receive higher equity compensation than overconfident CEOs of firms located far ...

CEO Compensation and Cash-Flow Shocks: Evidence from ...

... adverse shocks typically prompt corporate boards to recalibrate CEO compensation to reduce risk-taking incentives. However, this pattern is not uniform ...

How Executive Compensation Changes In Response to Personal ...

CEOs in listed US companies receive a 5.7% increase in compensation following large state personal income tax rises relative to CEOs who do not ...

CEO Compensation and Adverse Shocks: Evidence from Changes ...

CEO Compensation and Adverse Shocks: Evidence from Changes in Environmental Regulations ... J Core, Corporate governance, chief executive officer compensation ...

Shareholder Governance and CEO Compensation: The Peer Effects ...

Abstract. We document that firms whose compensation peers experience weak say on pay votes reduce CEO compensation following those votes. Reductions reflec.

Profit skimming, asymmetric benchmarking, or the effects of implicit ...

We find that compensation of both CEOs and other top executives are adjusted for exogenous changes in firm-specific performance. Moreover, the change in pay-for ...

The Dark Side of Executive Compensation Duration: Evidence from ...

influence the negative relation between CEO compensation duration and M&A performance. ... shocks. Pre-M&A. 14 However, the exclusion restriction ...

Reining in CEO compensation and curbing the rise of inequality

Because pay for top managers—CEOs and others—is not driven by their contributions to economic growth, this pay can be reduced and others' ...

Do Frictions Matter in the Market for Chief Executives?

However the average change of compensation given a negative shock to firm ... An adverse shock may nevertheless improve the CEO's contract, and a positive ...

CEO Incentives for Risk-Taking and Compensation Duration

Although corporate boards have many complexities to address in their design of CEO compensation contracts, we focus on the tradeoff between the effects of two ...