Payout policy choices and shareholder investment horizons

JM Gaspar, M Massa, P Matos, R Patgiri… - Review of …, 2013 - academic.oup.com
This paper examines how shareholder investment horizons influence payout policy choices.
The authors infer institutional shareholders' investment horizons using the churn rate of their …

Transient institutional ownership and CEO contracting

SS Dikolli, SL Kulp, KL Sedatole - The Accounting Review, 2009 - publications.aaahq.org
Prior research documents that CEOs respond to transient ownership preferences by
choosing actions to meet short‐term earnings targets. This study examines whether contract …

Does institutional investor horizon influence US corporate financing decisions?

S Boubaker, L Chourou, S Saadi, L Zhong - International Review of …, 2019 - Elsevier
This paper examines whether and how institutional investment horizon influences corporate
financing decisions. Consistent with our predictions, we find that longer institutional …

When ownership structure matters: A review of the effects of investor horizon on corporate policies

A Garel - Journal of Economic Surveys, 2017 - Wiley Online Library
This paper surveys the literature on the impact of investor horizon on corporate policies.
While the desire to encourage long‐term investor ownership is shared among managers …

Institutional shareholding as a corporate governance mechanism that drives Chief Executive Officer pay

MC Pucheta-Martínez… - BRQ Business Research …, 2020 - journals.sagepub.com
We explore the effect of institutional directors on Chief Executive Officer (CEO) pay (total,
fixed, and variable compensation). We delve particularly into the impact of pressure …

What does CEOs' pay-for-performance reveal about shareholders' attitude toward earnings overstatements?

K Guthrie, I Kwon, J Sokolowsky - Journal of business ethics, 2017 - Springer
If overstatements were a symptom of the agency conflict, pay-for-performance sensitivities
should have increased in response to the additional penalties for misreporting imposed by …

Institutions and preferences in settings of causal complexity: foreign institutional investors and corporate restructuring practices in France

DK Jung, R Aguilera, M Goyer - The International Journal of …, 2015 - Taylor & Francis
In this article, we illustrate how the interaction between institutional arrangements and the
presence of different categories of firm stakeholders with specific preferences provides …

Firm location and earnings management: Korean evidence

HJ Nam, JH Choi, J Comprix… - Asia-Pacific Journal of …, 2012 - Taylor & Francis
Using 7245 firm-year observations from Korean listed companies over 2000–2004, we find
that firms located in Seoul (the capital city of Korea) or its surrounding metropolitan area (ie …

[PDF][PDF] CEO inside debt and costs of bank debt financing

JH Han - Seoul Journal of Business, 2011 - s-space.snu.ac.kr
This study examines the role of CEOs pensions and deferred compensations by exploring
their impacts on pricing and non-pricing contract terms of bank loans. CEOs inside debt …

Horizons d'investissement des actionnaires: Causes, conséquences et implications pour la pratique managériale

JM Gaspar - Revue française de gestion, 2009 - cairn.info
Cet article* propose une revue de littérature compréhensive des horizons d'investissement
des actionnaires, durée pendant laquelle un investisseur conserve sa participation dans …