Global ETD Search
Search theses and dissertations gathered from participating repositories worldwide. Every result links back to the library that holds it. No account is needed.
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Showing 1 to 8 of 8 for “"Pay-Performance Sensitivity"”.
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Impacts of Executive Compensation on Employee Wages
… compensation (EBC) on employee wages. Using pay-performance sensitivity (PPS) as a measure for CEO equity-based compensation, we find that CEOs with higher EBC tend to pay their employees lower wages. We also examine the impact of EBC on average employee wage in different industries and find …
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Managerial Risk-Taking and CEO Excess Compensation
… CEO excess compensation. When I also control for pay-performance sensitivity (delta) and feedback effects of incentive compensation on CEO risk taking, I find that higher use of incentive pay encourages risk taking, and due to a high exposure to risk CEOs draws excess compensation. Furthermore, I …
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Impacts of Top Five Executives’ Compensation on Employee Wages
… top five executives on employee wages. We employ pay-performance sensitivity (PPS) to measure executive incentive compensation. Using data for firms from Wharton Research Data Services over 1992 to 2017 period, we find that there exists a negative relation between executive incentive compensation …
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CEO compensation and managerial decisions: evidence from acquisitions
… the relation between CEO compensation and firm performance, few studies have directly tested the proposition that a strong pay-performance link: leads to improved future performance. This paper tests the hypothesis that a strong pay-performance link: leads to better managerial decisions. …
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Private Debt Syndicates: Governance, Networks, and Syndicate Structure
… strong shareholder monitoring, and greater CEO pay-performance sensitivity, enjoy lower borrowing costs. The interests of creditors and shareholders diverge with regard to external governance. Lenders charge higher spreads to firms at greater risk of acquisition and reward stronger firms with …
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Essays on executive compensation and dividend policy
… second examines the impact that various dividend payout policies have on stock prices. Below are the individual abstracts for each chapter. CHAPTER 1: Sovereign wealth funds are major players in the global markets. We contribute to the corporate governance literature by examining the possible …
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Innovation Under Stress
… holds irreversible assets, or relies heavily on pay-performance incentive contracts for managers. In addition, firms with higher sensitivity to government spending follow less diversified strategies, while firms facing higher product market competition are more likely to explore new fields.</p> …