Pay for Performance? CEO Compensation and Acquirer Returns in ...

The median acquirer CEO received cash compensation of $1.55 million, which is 51% of her total compensation. The median benchmark CEO received cash compensation ...

CEO Compensation and Aquirer Returns in BHCs - FDIC Archive

On pay-for-performance sensitivity, acquirer CEOs have slightly lower average (median) Total PPS than the benchmark CEOs: 480 versus. 515 (217 versus 268) ...

acquisitions. Banks whose CEOs have higher PPS have significantly better abnormal stock returns around the time of the acquisition ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

2004). ... value-destroying acquisition decisions. In this paper, we examine the relation between executive compensation and shareholder interests in bank mergers ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

in their operating performance as measured by ROA. Keywords: Pay-for-Performance Sensitivity, CEO Compensation, Acquirer Returns, Bank Mergers. JEL ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

We examine how managerial incentives affect acquisition decisions in the banking industry. We find that higher pay-for-performance sensitivity ( ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

Keywords: Pay-for-Performance Sensitivity, CEO Compensation, Acquirer Returns. JEL Classification: G34, G21. Page 3. 1 Introduction. Top executive pay has ...

Pay for Performance? CEO Compensation and Acquirer Returns i

We examine how managerial incentives affect acquisition decisions in the banking industry. We find that higher pay-for-performance sensitivity (PPS) leads ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

We examine how managerial incentives affect acquisition decisions in the banking industry. We find that higher pay-for-performance sensitivity (PPS) leads to ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

By Kristina Minnick, Haluk Unal and Liu Yang; Abstract: We examine how managerial incentives affect acquisition decisions in the banking ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

We examine the impact of managerial incentives on acquisitions in the banking industry. We find that banks whose CEOs have higher pay-for- ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

We examine how managerial incentives affect acquisition decisions in the banking industry. We find that higher pay-for-performance sensitivity (PPS) leads ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

Banks whose CEOs have higher PPS have significantly better abnormal stock returns around the time of the acquisition announcements. On average, acquirers in the ...

Pay for Performance? CEO Compensation and Acquirer Returns in ...

Pay for Performance? CEO Compensation and Acquirer Returns in BHCs ; 2013 · Minnick, Kristina ; Unal, Haluk ; Yang, Liu · The review of financial studies. - Cary, ...

Pay for Performance ? CEO Compensation and Acquirer Returns in ...

We examine the effect of incentive-based compensation on bank mergers. Controlling for other characteristics, we find that banks with higher pay-performance ...

Pay for Performance? CEO Compensation and - ProQuest

Pay for Performance? CEO Compensation and Acquirer Returns in BHCs. Minnick, Kristina; Unal, Haluk; Yang, Liu. The Review of Financial Studies; Oxford Vol ...

Pay for Performance? CEO Compensation Alignment Post-SEC ...

They also show increased voting support when compensation actually paid suggests managerial incentives are aligned with shareholder returns. Our ...

CEO compensation: Evidence from the field - ScienceDirect.com

Both boards and investors believe that motivating the CEO is the main reason for offering variable pay, despite viewing financial incentives as secondary. The ...

The Relationship Between Shareholder Return and CEO Pay Over a ...

My research on CEO pay and performance differs from what others have typically done because it employs measures of. CEO compensation and shareholder returns ...

CEO Pay is Linked to Firm Performance Via Stock Options | NBER

The responsiveness of CEO compensation to firm value -- that is, the percentage change in compensation from the prior year divided by the percentage change in ...