Executive Compensation and the Maturity Structure of Corporate Debt

Theory suggests that short-maturity debt mitigates agency costs of debt by constraining managerial risk preferences. We posit and find evidence ...

affect debt maturity structure. Next, we expand our understanding of how managerial compensation charac teristics impact corporate capital structure. Berger, ...

Executive Compensation and the Maturity Structure of Corporate Debt

Executive compensation influences managerial risk preferences through executives' portfolio sensitivities to changes in stock prices (delta) and stock ...

Duration of executive compensation and maturity structure of ...

Pay duration is calculated as the weighted average of the vesting periods of different components of executive pay, and debt maturity is measured as the ...

Executive Compensation and the Maturity Structure of Corporate Debt

Executive compensation influences managerial risk preferences through the executive's portfolio sensitivities to changes in stock prices ...

Duration of executive compensation and maturity structure of ...

While recent studies show that long vesting periods in managerial compensation increase corporate investments, these investments such as ...

Internet Appendix to “Executive Compensation and the Maturity ...

Compensation and the Maturity Structure of Corporate Debt,” Journal of Finance 65, 1123-1161, http://www.afajof.org/supplements.asp. Please note: Wiley- ...

Duration of executive compensation and maturity structure of ...

To further corroborate the findings and identify the specific channels through which CEO pay durations affect the maturity structure of corporate debt, we then ...

Executive Compensation and the Maturity Structure of Corporate Debt

Theory suggests that short‐maturity debt mitigates agency costs of debt by constraining managerial risk preferences. We posit and find evidence of a negative ( ...

Executive Compensation and the Maturity Structure of Corporate Debt

In our paper, Executive Compensation and the Maturity Structure of Corporate Debt, which was recently accepted for publication in the ...

Duration of Executive Compensation and Maturity Structure of ...

While recent studies show that long vesting periods in managerial compensation increase corporate investments, these investments such as ...

Duration of executive compensation and maturity structure of

Firms with longer CEO pay duration prefer debt issuance over equity issuance, and they also exhibit higher future investment growth and Tobin's Q. We strengthen ...

Brockman, P., Martin, X. and Unlu, E. (2010) Executive ...

Brockman, P., Martin, X. and Unlu, E. (2010) Executive Compensation and the Maturity Structure of Corporate Debt. Journal of Finance, 65, 1123-1161.

CEO inside debt and firm's maturity structure of debt

compensation incentives) to firm's leverage (Debt/Equity)—known as CEO-relative leverage—is equal to 1. Esidorfer, Giactto and White (2013) find that a ...

The Maturity Structure of Corporate Debt - ResearchGate

The authors provide an empirical examination of the determinants of corporate debt maturity. Their evidence offers strong support for the contracting-cost ...

Executive Compensation and the Maturity Structure of Corporate Debt

Executive Compensation and the Maturity Structure of Corporate Debt by PAUL BROCKMAN, XIUMIN MARTIN, EMRE UNLU published in Journal of Finance.

Journal of Banking and Finance - Trulaske College of Business

determinant of corporate debt maturity structure choices. Further ... Executive compensation and the maturity · structure of corporate debt.

Executive Compensation and the Cost of Debt

and Unlu, M., 2010, Executive compensation and the maturity structure of corporate debt, Journal of Finance, Vol. 65, pp. 1123–1161. Bryan, S., Nash, R. and ...

CEO inside debt and corporate debt maturity structure

This paper examines the relation between chief executive officer (CEO) inside debt holdings and corporate debt maturity. We provide robust evidence that inside ...

CEO Overconfidence and Corporate Debt Maturity - UQ eSpace

Executive Compensation and the Maturity. Structure of Corporate Debt. Journal of Finance, 65(3), 1123-1161. Camerer, C., & Lovallo, D. (1999). Overconfidence ...