Short-Termism of Executive Compensation

Short-termism of executive compensation

Journal of Economic Behavior & Organization ◽

10.1016/j.jebo.2018.02.014 ◽

2018 ◽

Vol 148 ◽

pp. 150-170 ◽

Cited By ~ 2

Author(s):

Jonathan Pogach

Keyword(s):

Executive Compensation ◽

Short Termism

Short Termism of Executive Compensation

SSRN Electronic Journal ◽

10.2139/ssrn.1953277 ◽

2011 ◽

Author(s):

Jonathan Pogach

Keyword(s):

Executive Compensation ◽

Short Termism

Short-Termism, Excessive Executive Compensation, and the Discounting Traits of Managers - by Using fMRI Experiment

Universal Journal of Accounting and Finance ◽

10.13189/ujaf.2020.080101 ◽

2020 ◽

Vol 8 (1) ◽

pp. 1-20 ◽

Cited By ~ 1

Author(s):

Hidetoshi Yamaji ◽

Masatoshi Gotoh ◽

Yoshinori Yamakawa

Keyword(s):

Executive Compensation ◽

Fmri Experiment ◽

Short Termism

Short termism or [ellipsis (horizontal)]

IEE Review ◽

10.1049/ir:19900156 ◽

1990 ◽

Vol 36 (10) ◽

pp. 376

Author(s):

J.R.G. Schofield

Keyword(s):

Short Termism

A Critical Review on Disclosure of Executive Compensation

Korea Financial Law Association ◽

10.15692/kjfl.12.2.9 ◽

2015 ◽

Vol 12 (2) ◽

pp. 241-274

Author(s):

Mi-Kyung Yum

Keyword(s):

Executive Compensation ◽

Critical Review

The Effect of Suitability between Business Strategy and Executive Compensation on Corporate Performance

Korean Accounting Journal ◽

10.24056/kaj.2017.10.006 ◽

2017 ◽

Vol 26 (6) ◽

pp. 45-72

Author(s):

Yu-Jin Kim ◽

Ji-Yeun Hong

Keyword(s):

Executive Compensation ◽

Business Strategy ◽

Corporate Performance

Corporate Culture and the Problem of Executive Compensation

CFA Digest ◽

10.2469/dig.v36.n2.4130 ◽

2006 ◽

Vol 36 (2) ◽

pp. 98-99

Author(s):

Stephen M. Horan

Keyword(s):

Executive Compensation ◽

Corporate Culture

How Frequent Financial Reporting Can Cause Managerial Short-Termism: An Analysis of the Costs and Benefits of Increasing Reporting Frequency

CFA Digest ◽

10.2469/dig.v44.n11.3 ◽

2014 ◽

Vol 44 (11) ◽

Author(s):

Imrith Ramtohul

Keyword(s):

Financial Reporting ◽

Costs And Benefits ◽

Reporting Frequency ◽

Short Termism

The Evolution of Shareholder Voting for Executive Compensation Schemes

CFA Digest ◽

10.2469/dig.v36.n4.4297 ◽

2006 ◽

Vol 36 (4) ◽

pp. 20-22

Author(s):

Lorne Jeremy Zeiler

Keyword(s):

Executive Compensation ◽

Shareholder Voting

CEO Compensation and Acquired and Acquiring Companies in Large Corporate Acquisitions

GIS Business ◽

10.26643/gis.v11i5.3423 ◽

2016 ◽

Vol 11 (5) ◽

pp. 01-13

Author(s):

Simon Yang

Keyword(s):

Firm Performance ◽

Executive Compensation ◽

Ceo Compensation ◽

Relative Sensitivity ◽

Matched Sample ◽

Executive Pay ◽

Corporate Acquisitions ◽

Acquiring Firms ◽

Managerial Power ◽

To Receive

This paper examines the relative sensitivity of CEO compensation of both acquiring and acquired firms in the top 30 U.S. largest corporate acquisitions in each year for the period of 2003 to 2012. We find that total compensation and bonus granted to executive compensation for acquired companies, not acquiring companies, are significantly related to the amount of acquisition deal even after the size and firm performance are controlled for. Both acquiring and acquired CEOs are found to make the significantly higher compensation than the matched sample firms in the same industry and calendar year. We also find that executives with higher managerial power, as measured by a lower salary-based compensation mix, prior to a corporate acquisition are more likely to receive a higher executive pay in the year of acquisition. The association between executive compensation and managerial power seems to be stronger for acquired firms than for acquiring firms in corporate acquisition. Overall, our findings suggest that corporate acquisition has higher impacts on executive compensation for acquired firm CEOs than for acquiring firm CEOs.