Why do managers diversify their firms? Agency reconsidered
Article Abstract:
Managerial incentives rather than decreased risk exposure cause managers to diversify their firms, according to this study.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
Diversified Companies, Models, Causes of, Diversification in industry, Industrial diversification
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
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Incentive compensation when executives can hedge the market: evidence of relative performance evaluation in the cross section
Article Abstract:
A study of the influence of market risk on stock-based executive compensation in approximately 1,400 US firms is provided.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
Compensation and benefits, Executives, Return on investment, Rate of return
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
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Performance incentives within firms: the effect of managerial responsibility
Article Abstract:
The segmentation of executive incentives by responsibility is discussed.
Publisher: Blackwell Publishers Ltd.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
Employee incentives, Incentives (Business)
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
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Subjects list: Research, United States, Evaluation, Executive compensation
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