Relative performance evaluation and investment efficiency

In this study, we investigate the impact of incorporating relative performance targets (RPE) in long-term equity plans on firm-level investment efficiency in ...

Evaluating and rewarding managers through relative performance targets can effectively filter out factors beyond their control. This approach ensures that ...

the effect of relative performance evaluation on investment efficiency ...

Finally, I evaluate the validity of my proxy for investment efficiency by testing its link to future firm performance and find evidence that firms classified as ...

The Effect of Relative Performance Evaluation

In the paper, The Effect of Relative Performance Evaluation on Investment Efficiency and Firm Performance, which was recently made publicly ...

Relative performance evaluation and investment efficiency

Sustained per-capita growth results from positive externalities of investment which for its part only occur if workers devote time to education so that an ...

Relative Performance Evaluation and Long-Term Incentives

This makes the anticipation of future noise filtering even more damaging to long-term incentives because investments in strategic repositioning can reduce ...

Relative Performance Evaluation and Strategic Peer‐Harming ...

Most RPE grants use relative total shareholder return (“rTSR”) to evaluate performance on the basis of stock price; we refer to the peers used ...

An Empirical Investigation of the Relative Performance Evaluation of ...

Masson [1971] indirectly addresses an efficiency issue when he finds that firms which link executive pay more strongly to performance tend to outperform firms ...

The Effect of Relative Performance Evaluation on Investment ...

In this study, I examine the effect of explicit relative performance evaluation (RPE) on managers' investment decisions and firm performance ...

Syndicated Lending, Competition, and Relative Performance ...

Relative performance evaluation (RPE) intensifies competitive pressure by tying executive compensation to the profits of rivals.

The Effect of Relative Performance Evaluation on Investment ...

Download Citation | The Effect of Relative Performance Evaluation on Investment Efficiency and Firm Performance | This study examines the effect of relative ...

Relative Performance Evaluation and Strategic Differentiation

I predict that relative performance evaluation (RPE) CEOs avoid strategic differentiation and increase the correlation of their firms' returns with that of ...

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

Relative Performance Evaluation on Investment Efficiency and Firm Performance.” I thank Brian Bushee. (Department Editor), the Associate Editor, and the ...

Relative Performance Evaluation and Corporate Innovation

we expect that they tend to improve the innovation efficiency by investing innovation investment with more productive output. Moreover, since the outcome of ...

Relative Performance Evaluation and the Peer Group Opportunity Set

The key feature of a relative performance plan is that executives' pay is determined based on the performance of their firm compared to the ...

Relative performance evaluation in delegated investment decisions

Find out what the research says about 'Relative performance evaluation in delegated investment decisions'

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

The paper was previously titled “The Effect of Relative Performance Evaluation on Investment Efficiency and Firm Performance.” All data are ...

Essays on Relative Performance Evaluation - ZORA (UZH Repository)

Tice, F. M.: 2015, The effect of relative performance evaluation on investment efficiency and firm performance, Social Science Research Newtwork . Tirole, J ...

Relative Performance Evaluation and Risk Taking in Delegated ...

This study uses a laboratory experiment to test the effect of relative performance evaluation on the risk-aversion of delegated investment decisions. Project- ...

Disclosure Costs of Relative Performance Evaluation

Managers' disclosures are critical for capital market fairness, order, and efficiency, but the mechanisms that discourage information disclosure ...

Advances in Management Accounting

Book by Marc J Epstein