Abstract: Neoclassical price theory implies that the incentive effects produced by broad-based employee stock ownership compensation plans will be overwhelmed by the problem of free riding. Yet the use of such plans is relatively common. This paper seeks to explain this apparent dichotomy. Using the theories of the firm o
We develop a theory of stock-price-based incentives even when the stock price does not contain infor...
We examine whether options granted to non-executive employees affect firm performance. Using new dat...
Profit-maximizing firms have strong incentives to retain their most-talented employees that make mea...
Thesis (Ph. D.)--University of Washington, 1999This dissertation develops a microeconomic rationale ...
How employee share ownership plans (ESOPs) affect employee compensation and shareholder value depend...
This paper reviews the theory and evidence for agency theory-based explanations for employee stock o...
Providing incentives to top managers by offering equity has become the norm; this practice, however,...
The purpose of this study is to examine and compare the nature of the principal agent problem in bot...
Abstract Employee share ownership plans (ESOPs) increase employee compensation and firm valuation, i...
We develop a theory of stock-price based incentives even when the stock price does not contain infor...
© 2015, Springer Science+Business Media New York.We develop a theory of stock-price-based incentives...
This dissertation analyzes existing managerial and employee compensation schemes in the light of rec...
Although, employee stock ownership may result in increased cash flows due to enhanced organisational...
This paper presents a model of optimal executive compensation in a setting where managers are in a p...
This paper argues that the presence of both profit-based and stock price-based components in compens...
We develop a theory of stock-price-based incentives even when the stock price does not contain infor...
We examine whether options granted to non-executive employees affect firm performance. Using new dat...
Profit-maximizing firms have strong incentives to retain their most-talented employees that make mea...
Thesis (Ph. D.)--University of Washington, 1999This dissertation develops a microeconomic rationale ...
How employee share ownership plans (ESOPs) affect employee compensation and shareholder value depend...
This paper reviews the theory and evidence for agency theory-based explanations for employee stock o...
Providing incentives to top managers by offering equity has become the norm; this practice, however,...
The purpose of this study is to examine and compare the nature of the principal agent problem in bot...
Abstract Employee share ownership plans (ESOPs) increase employee compensation and firm valuation, i...
We develop a theory of stock-price based incentives even when the stock price does not contain infor...
© 2015, Springer Science+Business Media New York.We develop a theory of stock-price-based incentives...
This dissertation analyzes existing managerial and employee compensation schemes in the light of rec...
Although, employee stock ownership may result in increased cash flows due to enhanced organisational...
This paper presents a model of optimal executive compensation in a setting where managers are in a p...
This paper argues that the presence of both profit-based and stock price-based components in compens...
We develop a theory of stock-price-based incentives even when the stock price does not contain infor...
We examine whether options granted to non-executive employees affect firm performance. Using new dat...
Profit-maximizing firms have strong incentives to retain their most-talented employees that make mea...