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Showing 1 to 2 of 2 for “"Partial adjustment models"”.

  1. Three Essays on Managerial Compensation

    … view of CEO pay and firm performance by using partial adjustment models of CEO pay. I find that target pay levels are set on ""long-run"" past firm performance and that the deviation of the actual pay level causes near-complete convergence to the target in one year. Such effects are more …

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  2. Country factors and the dynamic modeling of capital structure: an empirical study of latin american firms

    Desenvolvemos modelos de ajuste parcial e de duration para testar a relevância de fatores específicos de países na determinação da estrutura de capital de empresas listadas nas bolsas de valores brasileira, chilena e mexicana. Utilizamos dados em painel, em um período que se estende do quarto …

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