We hypothesize that CSR serves as a control mechanism to reduce deviations from optimal
risk taking, and therefore, CSR curbs excessive risk taking and reduces excessive risk …

This study examines equity risk incentives as one determinant of corporate tax
aggressiveness. Prior research finds that equity risk incentives motivate managers to make …

We empirically examine whether risk-taking by publicly traded US companies declined
significantly after adoption of the Sarbanes-Oxley Act of 2002 (SOX). Several provisions of …

Chhaochharia and Grinstein estimate that CEO pay decreases 17% more in firms that were
not compliant with the recent NYSE/Nasdaq board independence requirement than in firms …

We examine the performance and compensation implications of firms' decisions to combine
the roles of CEO and board chairman (duality). We document that firms that split the CEO …

This study investigates the impact of CEO compensation structure on post‐acquisition
purchase price allocation, an accounting procedure that involves fair value estimation of …

This paper empirically investigates whether corporate governance practices implemented to
align shareholders' and managers' interests affect the resources firms devote to R&D. Two …

Prior research suggests that the efficacy of a formally independent member of the board of
directors could be undermined by social ties with the CEO. In this study, we examine the …

We examine how firms design bonus plans of their CFOs. CFOs participate in decision
making much like other executives, but they also have significant fiduciary responsibilities …

Purpose The study aims to examine the association between product market competition
and corporate investment decisions on, particularly, risk-taking and investment efficiency …