Add to ORKGThis paper analyzes the timing of CEO stock option awards, as a method of investigating corporate managers’ influence over the terms of their own compensation. In a sample of 620 stock option awards to CEOs of Fortune 500 companies between 1992 and 1994, I find that the timing of awards coincides with favorable movements in company stock prices. Patterns of companies’ quarterly earnings announcements are consistent with an interpretation that CEOs received stock option awards shortly before favorable corporate news. I evaluate and reject several alternative explanations of the results, including insider trading and the manipulation of news announcement dates
Synthesizing agency theory and prospect theory, we examined the effects of stock-based incentives on...
Purpose – The purpose of this paper is to examine the factors affecting the relationships between CE...
Decades of research confirm that, on average, stock split announcements generate positive abnormal r...
This paper analyzes the timing of CEO stock option awards, as a method of investigating corporate ma...
This study documents that the abnormal stock returns are negative before unscheduled executive optio...
This paper analyzes stock option wards to CEOs of 792 U.S. public corporations between 1984 and 1991...
Extant studies provide two competing explanations for the abnormal stock return patterns around CEO ...
Firms release more news in their chief executive's equity vesting months, finds Moqi Groen-X
This paper provides fresh evidence on CEO stock option awards. We identify several contracting condi...
I investigate the relation between CEO equity compensation and employee layoffs. In particular, this...
This paper analyzes company disclosures of CEO stock option values in compliance with the SEC’s regu...
This paper examines whether CEO stock-based compensation has an effect on the market's ability to pr...
This paper investigates the decision by top-level executives of more than 1,200 public corporations ...
With its increase of 571% between 1990 and 2000, chief executive officer compensation has become a t...
This paper provides new evidence that insiders exploit their stock’s mispricing after earnings anno...
Synthesizing agency theory and prospect theory, we examined the effects of stock-based incentives on...
Purpose – The purpose of this paper is to examine the factors affecting the relationships between CE...
Decades of research confirm that, on average, stock split announcements generate positive abnormal r...
This paper analyzes the timing of CEO stock option awards, as a method of investigating corporate ma...
This study documents that the abnormal stock returns are negative before unscheduled executive optio...
This paper analyzes stock option wards to CEOs of 792 U.S. public corporations between 1984 and 1991...
Extant studies provide two competing explanations for the abnormal stock return patterns around CEO ...
Firms release more news in their chief executive's equity vesting months, finds Moqi Groen-X
This paper provides fresh evidence on CEO stock option awards. We identify several contracting condi...
I investigate the relation between CEO equity compensation and employee layoffs. In particular, this...
This paper analyzes company disclosures of CEO stock option values in compliance with the SEC’s regu...
This paper examines whether CEO stock-based compensation has an effect on the market's ability to pr...
This paper investigates the decision by top-level executives of more than 1,200 public corporations ...
With its increase of 571% between 1990 and 2000, chief executive officer compensation has become a t...
This paper provides new evidence that insiders exploit their stock’s mispricing after earnings anno...
Synthesizing agency theory and prospect theory, we examined the effects of stock-based incentives on...
Purpose – The purpose of this paper is to examine the factors affecting the relationships between CE...
Decades of research confirm that, on average, stock split announcements generate positive abnormal r...