CEO Tenure and Risk-Taking

키워드

참고문헌 (60)

1. Adams, R., "Powerful CEOs and their impact on corporate performance", Review of Financial Studies, 18(4), pp.1403~1432 (2005)
2. Blockholders on boards and CEO compensation, turnover and firm valuation, "Agrawal, A.", University of Alabama, ~ (2012)
3. Amihud, Y., "Risk reduction as a managerial motive for conglomerate mergers", Bell Journal of Economics, 12(2), pp.605~617 (1981)
4. Ashbaugh-Skaife, H., "The effects of corporate governance on firms' credit ratings", Journal of Accounting & Economics, 42(1-2), pp.203~243 (2006)
5. Bebchuk, L., "What matters in corporate governance?", Review of Financial Studies, 22(2), pp.783~827 (2009)
6. Bebchuk, L. A., "The costs of entrenched boards", Journal of Financial Economics, 78(2), pp.409~433 (2005)
7. Bebchuk, L. A., "The CEO pay slice", Journal of Financial Economics, 102(1), pp.199~221 (2011)
8. Belkhir, M., "Compensation vega, deregulation, and risk-taking: Lessons from the US banking industry", Journal of Business Finance & Accounting, 37(9 & 10), pp.1218~1247 (2010)
9. Berger, P. G., "Managerial entrenchment and capital structure decisions", Journal of Finance, 52(4), pp.1411~1438 (1997)
10. Bertrand, M., "Enjoying the quiet life? corporate governance and managerial preferences", Journal of Political Economy, 111(5), pp.1043~1075 (2003)
11. Bloom, M., "Relationships among risk, incentive pay, and organizational performance", Academy of Management Journal, 41(3), pp.283~297 (1998)
12. Brick, I. E., "Too much payperformance sensitivity", Review of Economics and Statistics, 94(1), pp.287~303 (2012)
13. Cain, M. D., "CEO personal risk-taking and corporate policies", Journal of Financial and Quantitative Analysis (2014)
14. Chakraborty, A., "Termination risk and managerial risk taking", Journal of Corporate Finance, 13, pp.170~188 (2007)
15. Chen, Y., "Career concerns and excessive risk taking", Journal of Economics and Management Strategy (2013)
16. Cheng, S., "Board size and the variability of corporate performance", Journal of Financial Economics, 87(1), pp.157~176 (2008)
17. Chevalier, J. A., "Career concerns of mutual fund managers", The Quarterly Journal of Economics, 114(2), pp.389~432 (1999)
18. Coles, J. L., "Managerial incentives and risk-taking", Journal of Financial Economics, 79(2), pp.431~468 (2006)
19. Core, J. E., "Estimating the value of employee stock option portfolios and their sensitivities to price and volatility", Journal of Accounting Research, 40(3), pp.613~630 (2002)
20. Cremers, K. J. M., "Governance mechanisms and bond prices", Review of Financial Studies, 20(5), pp.1359~1388 (2007)
21. Tenure and CEO pay, "Cremers, M.", Yale University, ~ (2010)
22. Dechow, P. M., "Executive incentives and the horizon problem : An empirical investigation", Journal of Accounting & Economics, 14, pp.51~89 (1991)
23. How important are risk-taking incentives in executive compensation, "Dittmann, I.", Erasmus University Rotterdam, ~ (2011)
24. Fama, E. F., "Agency problems and the theory of the firm", Journal of Political Economy, 88(2), pp.288~307 (1980)
25. Fu, Q., "Reputation-concerned policy makers and institutional status quo bias", Journal of Public Economics, 110, pp.15~25 (2014)
26. The interactive influence of external and internal governance on risk-taking and outcomes : The importance of CEO career concerns, "Garfinkel, J. A.", University of Iowa, ~ (2013)
27. Gervais, S., "Overconfidence, compensation contracts, and capital budgeting", Journal of Finance, 66(5), pp.1735~1777 (2011)
28. Gibbons, R., "Optimal incentive contracts in the presence of career concerns : Theory and evidence", Journal of Political Economy, 100(3), pp.468~505 (1992)
29. Overconfidence of professionals and lay people : Individual differences within and between tasks?, "Glaser, M.", University of Mannheim, ~ (2010)
30. Gompers, P., "Corporate governance and equity prices", Quarterly Journal of Economics, 118(1), pp.107~155 (2003)
31. Gormley, T. A., "CEO compensation and corporate risk-taking: Evidence from a natural experiment", Journal of Accounting & Economics, 56(2-3), pp.79~101 (2013)
32. Guay, W. R., "The sensitivity of CEO wealth to equity risk : An analysis of the magnitude and determinants", Journal of Financial Economics, 53(1), pp.43~71 (1999)
33. Hermalin, B., "Boards of directors as an endogenously determined institution, a survey of the economic literature", FRBNY Economic Policy Review, pp.7~26 (2003)
34. Hermalin, B. E., "Managerial preferences concerning risky projects", Journal of Law, Economics, and Organization, 9(1), pp.127~135 (1993)
35. Hermalin, B. E., "Endogenously chosen boards of directors and their monitoring of the CEO", American Economic Review, 88(1), pp.96~118 (1998)
36. Hilary, G., "Does religion matter in corporate decision making in America?", Journal of Financial Economics, 93, pp.455~473 (2009)
37. Hirshleifer, D., "Managerial conservatism, project choice, and debt", Review of Financial Studies, 5(3), pp.437~470 (1992)
38. Hirshleifer, D. A., "Are overconfident CEOs better innovators?", Journal of Finance, 67(4), pp.1457~1498 (2012)
39. Managerial risk-shifting incentives of option- based compensation: Firm risk. leverage, and moneyness, "Hjortshoj, T. L.", Sparinvest, ~ (2007)
40. Holmstrom, B., "Managerial incentive problems : A dynamic perspective", Review of Economic Studies, 66(1), pp.169~182 (1999)
41. Hong, H., "Security analysts' career concerns and herding of earnings forecasts", Rand Journal of Economics, 31(1), pp.121~144 (2000)
42. Hu, P., "Fund flows, performance, managerial career concerns, and risk taking", Management Science, 57(4), pp.628~646 (2011)
43. Jensen, M. C., "Agency costs of free cash flow, corporatefinance, and takeovers", American Economic Review, 76(2), pp.323~329 (1986)
44. Keltner, D., "Power, approach, and inhibition", Psychological Review, 110(2), pp.265~284 (2003)
45. Kumar, P., "CEO entrenchment and corporate hedging : Evidence from the oil and gas industry", Journal of Financial and Quantitative Analysis, 48(3), pp.887~917 (2013)
46. Lamont, O. A., "Macroeconomic forecasts and microeconomic forecasters", Journal of Economic Behavior & Organization, 48, pp.265~280 (2002)
47. Lewellyn, K. B., "CEO power and risk taking : Evidence from the subprime lending industry", Corporate Governance : An International Review, 20(3), pp.289~307 (2012)
48. Prior outcomes and risky choices by professional traders, "Locke, P. R.", George Washington University, ~ (2003)
49. Milbourn, T. T., "CEO reputation and stock-based compensation", Journal of Financial Economics, 68, pp.233~262 (2003)
50. Promoting the quiet life or risk-taking? CEO severance contracts and managerial decision-making, "Muscarella, C.", Penn State University, ~ (2013)
51. The impact of CEO quality on the number of outside directorships, CEO cash compensation and firm performance, "Padmanabhan, D.", University of Connecticut, ~ (2009)
52. CEO mobility and the CEO-firm match : Evidence from CEO employment history, "Ryan, H. E. J.", Georgia State University, ~ (2012)
53. Ryan, H. E. J., "The interactions between R&D investment decisions and compensation policy", Financial Management, 31(1), pp.5~29 (2002)
54. Sah, R. K., "The architecture of economic systems : Hierarchies and polyarchies", American Economic Review, 76(4), pp.716~727 (1986)
55. Sah, R. K., "The quality of managers in centralized versus decentralized organizations", Quarterly Journal of Economics, 106(1), pp.289~295 (1991)
56. Serfling, M. A., "CEO age and the riskiness of corporate policies", Journal of Corporate Finance (2013)
57. Simsek, Z., "CEO tenure and organizational performance : An intervening model", Strategic Management Journal, 28, pp.653~662 (2007)
58. Tufano, P., "Who manages risk? An empirical examination of risk management practices in the gold mining industry", Journal of Finance, 51(4), pp.1097~1137 (1996)
59. Yermack, D., "Do corporations award CEO stock options effectively?", Journal of Financial Economics, 39, pp.237~269 (1995)
60. Zhang, Y., "Information asymmetry and the dismissal of newly appointed CEOs : An empirical investigation", Strategic Management Journal, 29, pp.859~872 (2008)

관련 논문AI추천