{"id":{"repo_id":"creighton","oai_identifier":"oai:cdr.creighton.edu:10504/154037"},"canonical_url":"https://search.dev.ndltd.org/etd/creighton/oai:cdr.creighton.edu:10504/154037","repository":{"repo_id":"creighton","name":"Creighton University","base_url":"https://cdr.creighton.edu/server/oai/request"},"display":{"title":"Does Firm Performance Impact Perk Usage? Evidence From Flights of Corporate Jets","abstract":"This paper studies the connection between a firm's stock returns and financial performance as it relates to corporate jet usage. I identify changes in corporate equities and financial ratios to look for a resulting shift in detailed flight activity. For firms that are considered large based on total assets, regression analysis finds a significant association between a change in equities and flight activity to external locations. The finding suggests that the nonpecuniary benefits of corporate jet travel are a contributing factor to agency costs in specific instances related to firm size and trip destination. Past literature relies heavily on the impact of the corporate jet on the firm's financial performance, or the conditions that lead to perquisite access. This research addresses the bi-directional nature between perquisite usage and equity and financial performance.","abstract_html":"This paper studies the connection between a firm's stock returns and financial performance as it relates to corporate jet usage. I identify changes in corporate equities and financial ratios to look for a resulting shift in detailed flight activity. For firms that are considered large based on total assets, regression analysis finds a significant association between a change in equities and flight activity to external locations. The finding suggests that the nonpecuniary benefits of corporate jet travel are a contributing factor to agency costs in specific instances related to firm size and trip destination. Past literature relies heavily on the impact of the corporate jet on the firm's financial performance, or the conditions that lead to perquisite access. This research addresses the bi-directional nature between perquisite usage and equity and financial performance.","abstract_has_math":false,"creators":["Jacobs, Jesse"],"institution":"Creighton University","degree_name":null,"degree_level":null,"degree_discipline":null,"degree_department":null,"school":null,"contributors":[],"advisors":["Braymen, Charles B.","Wingender Jr., John R."],"committee_chairs":[],"committee_members":[],"year":2022,"date_issued":"2022","date_published":"2022","updated_at":"2026-07-24T01:51:19Z","subjects":["Agency Costs","Corporate Jet","Nonpecuniary Benefits","Perquisites"],"languages":["en_US"],"rights":["Copyright is retained by the Author. A non-exclusive distribution right is granted to Creighton University and to ProQuest following the publishing model selected above."],"rights_urls":[],"identifier_entries":[]},"links":{"outbound_url":"https://cdr.creighton.edu/handle/10504/154037","outbound_label":"Repository record","outbound_source":"dc:identifier.uri"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor.advisor","label":"Advisor","values":["Braymen, Charles B.","Wingender Jr., John R."]},{"key":"dc:creator","label":"Author","values":["Jacobs, Jesse"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date.accessioned","label":"Dc Date Accessioned","values":["2024-08-21T21:19:26Z"]},{"key":"dc:date.available","label":"Dc Date Available","values":["2024-08-21T21:19:26Z"]},{"key":"dc:date.issued","label":"Date","values":["2022"]},{"key":"dc:publisher","label":"Institution","values":["Creighton University"]},{"key":"dc:type","label":"Dc Type","values":["Thesis"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Agency Costs","Corporate Jet","Nonpecuniary Benefits","Perquisites"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language.iso","label":"Language (ISO)","values":["en_US"]},{"key":"dc:rights","label":"Dc Rights","values":["Copyright is retained by the Author. A non-exclusive distribution right is granted to Creighton University and to ProQuest following the publishing model selected above."]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier.uri","label":"Identifier URI","values":["https://cdr.creighton.edu/handle/10504/154037"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["2022"]},{"key":"dc:description.abstract","label":"Abstract","values":["This paper studies the connection between a firm's stock returns and financial performance as it relates to corporate jet usage. I identify changes in corporate equities and financial ratios to look for a resulting shift in detailed flight activity. For firms that are considered large based on total assets, regression analysis finds a significant association between a change in equities and flight activity to external locations. The finding suggests that the nonpecuniary benefits of corporate jet travel are a contributing factor to agency costs in specific instances related to firm size and trip destination. Past literature relies heavily on the impact of the corporate jet on the firm's financial performance, or the conditions that lead to perquisite access. This research addresses the bi-directional nature between perquisite usage and equity and financial performance."]},{"key":"dc:title","label":"Title","values":["Does Firm Performance Impact Perk Usage? Evidence From Flights of Corporate Jets"]}]}],"canonical_facts":{"dc:contributor.advisor":["Braymen, Charles B.","Wingender Jr., John R."],"dc:creator":["Jacobs, Jesse"],"dc:date.accessioned":["2024-08-21T21:19:26Z"],"dc:date.available":["2024-08-21T21:19:26Z"],"dc:date.issued":["2022"],"dc:description":["2022"],"dc:description.abstract":["This paper studies the connection between a firm's stock returns and financial performance as it relates to corporate jet usage. I identify changes in corporate equities and financial ratios to look for a resulting shift in detailed flight activity. For firms that are considered large based on total assets, regression analysis finds a significant association between a change in equities and flight activity to external locations. The finding suggests that the nonpecuniary benefits of corporate jet travel are a contributing factor to agency costs in specific instances related to firm size and trip destination. Past literature relies heavily on the impact of the corporate jet on the firm's financial performance, or the conditions that lead to perquisite access. This research addresses the bi-directional nature between perquisite usage and equity and financial performance."],"dc:identifier.uri":["https://cdr.creighton.edu/handle/10504/154037"],"dc:language.iso":["en_US"],"dc:publisher":["Creighton University"],"dc:rights":["Copyright is retained by the Author. A non-exclusive distribution right is granted to Creighton University and to ProQuest following the publishing model selected above."],"dc:subject":["Agency Costs","Corporate Jet","Nonpecuniary Benefits","Perquisites"],"dc:title":["Does Firm Performance Impact Perk Usage? Evidence From Flights of Corporate Jets"],"dc:type":["Thesis"]},"updated_at":"2026-07-24T01:51:19Z"}