CEO Incentive Compensation and Risk|Taking Behavior

CEO INCENTIVE COMPENSATION AND RISK- TAKING BEHAVIOR

Keywords: CEO Incentive Compensation, Risk-Taking Behavior, CEO Characteristics. INTRODUCTION. Over the past two decades, CEO compensation has interested ...

CEO Incentive Compensation and Risk-Taking Behavior

Hypothesis 1 suggests that CEO tenure will moderate the relationship between CEO long-term incentives and CEO risk-taking/firm strategic risk, with the ...

CEO Incentives for Risk-Taking and Compensation Duration

When determining new equity grants, corporate boards face a tradeoff between the CEO's incentives generated from the grant's duration versus those arising ...

CEO risk-taking incentives and corporate social responsibility

We find strong evidence that as a firm's CSR status improves (declines), increasing (decreasing) its risk-taking capacity, the firm responds by adjusting ...

How executive incentive design affects risk-taking: a literature review

Examples of such factors are the form and intensity of supervision, performance history, compensation mix, and behavioral evaluation criteria, ...

CEO Incentive Compensation and Risk-Taking Behavior

Responding to calls for research on the combined effects of executive compensation arrangements and executive characteristics, we examine the moderating ...

CEO incentives for risk-taking and compensation duration

1993. Stock-based incentive compensation and investment behavior. Journal of Accounting and Economics 16, 349-372. Black, F. and M ...

Garas et al. - 2022 - The impact of CEOs' incentives for risk-taking or ...

Since CEO delta measures the sensitivity of. CEO wealth to stock price changes, our findings imply that a CEO who is rewarded by a compensation package that is ...

The Million Dollar Rule, Executive Compensation, and Managerial ...

Keywords: executive compensation; managerial incentives; tax policy; risk taking ... relationship between the structure of CEO pay and firm risk-taking behavior.

How Important Are Risk-Taking Incentives in Executive ...

We consider a model in which shareholders provide a risk-averse CEO with risk-taking incentives in addition to effort incentives.

Executive compensation, risk and performance: evidence from the ...

The choice of explanatory variables is influenced by literature with CEOs total wealth as an additional measure, which captures the wealth of ...

Risk-taking incentives and risk-talking outcomes - ScienceDirect

CEOs' option-based compensation and discussions about political risk (risk-talking) in successive earnings conference calls are significantly positively ...

The Life Cycle of CEO Compensation - Harvard Business Review

the Great Recession: Does equity-based CEO compensation encourage excessive risk taking? Or is it a useful incentive for taking ... Boards should manage this mix ...

(PDF) Compensation framing and the risk-taking behavior of the CEO

Originality/value – The paper proposes and tests a model on how different reference points used to frame compensation influence CEO risk taking. It also ...

The mediating effects of CEO risk taking behaviour - EconStor

Warner. (1985) argued that executive compensation policies affect firm performance as a result of their incentive and motivational effects.

CEO risk-taking incentives and corporate social responsibility - NCBI

We examine how firms adjust CEO risk-taking incentives in response to risk environments associated with their corporate social ...

Option Grants and CEO Risk-Taking | NBER

Raising the share of stock options in a CEO's compensation package may lead to greater corporate risk-taking, according to a new study.

Executive Compensation and Risk Taking

will correct risk-taking incentives. 3Although we focus on the compensation of bank CEOs, in practice the bonuses of all risk-takers can be linked ...

CEO compensation and firm performance: The mediating effects of ...

Specifically, we hypothesize that CEO compensation indirectly influences firm performance through its direct effects on CEO risk-taking behavior. Results based ...

The influence of CEO risk tolerance on initial pay packages

tionship between CEO risk preferences, incentive pay, and risk taking. Other research, such as behavioral agency theory (Wiseman & Gomez-Mejia, 1998) note ...