| LDR | | 00000nam u2200205 4500 |
| 001 | | 000000431635 |
| 005 | | 20200224103531 |
| 008 | | 200131s2019 ||||||||||||||||| ||eng d |
| 020 | |
▼a 9781392318966 |
| 035 | |
▼a (MiAaPQ)AAI13917963 |
| 040 | |
▼a MiAaPQ
▼c MiAaPQ
▼d 247004 |
| 082 | 0 |
▼a 658 |
| 100 | 1 |
▼a Tarrant, Ian M. |
| 245 | 10 |
▼a Anticipated Incentives in CEO Compensation Contracts: Estimation and Application. |
| 260 | |
▼a [S.l.]:
▼b The Pennsylvania State University.,
▼c 2019. |
| 260 | 1 |
▼a Ann Arbor:
▼b ProQuest Dissertations & Theses,
▼c 2019. |
| 300 | |
▼a 53 p. |
| 500 | |
▼a Source: Dissertations Abstracts International, Volume: 80-12, Section: A. |
| 500 | |
▼a Publisher info.: Dissertation/Thesis. |
| 500 | |
▼a Advisor: Gong, Guojin. |
| 502 | 1 |
▼a Thesis (Ph.D.)--The Pennsylvania State University, 2019. |
| 520 | |
▼a Extant empirical research has largely overlooked the incentives that arise when CEOs can reasonably anticipate future awards and liquidations of equity-based compensation. In this study, I use past patterns of stock and option awards, exercises, and sales to estimate future awards, exercises, and sales, which I argue are anticipated by the CEO and act as an important incentive. The anticipated incentives I estimate are large in magnitude and provide information that is incremental to the CEO's existing portfolio of equity incentives disclosed in the annual proxy statement. In empirical analyses, I find that anticipated incentives are negatively (positively) associated with proxies for real (accruals-based) earnings management even in the presence of existing measures of CEO incentives. My findings suggest that the ex ante measure of anticipated incentives introduced in this study captures a new source of information that is decision-relevant for CEOs but currently omitted from existing empirical proxies. |
| 590 | |
▼a School code: 0176. |
| 650 | 4 |
▼a Accounting. |
| 650 | 4 |
▼a Finance. |
| 690 | |
▼a 0272 |
| 690 | |
▼a 0508 |
| 710 | 20 |
▼a The Pennsylvania State University.
▼b Business Administration. |
| 773 | 0 |
▼t Dissertations Abstracts International
▼g 80-12A. |
| 773 | |
▼t Dissertation Abstract International |
| 790 | |
▼a 0176 |
| 791 | |
▼a Ph.D. |
| 792 | |
▼a 2019 |
| 793 | |
▼a English |
| 856 | 40 |
▼u http://www.riss.kr/pdu/ddodLink.do?id=T15492645
▼n KERIS
▼z 이 자료의 원문은 한국교육학술정보원에서 제공합니다. |
| 980 | |
▼a 202002
▼f 2020 |
| 990 | |
▼a ***1008102 |
| 991 | |
▼a E-BOOK |