This study aims to analyze the trends, progress, and opportunities for future research on
managerial ability literature. Since receiving a lot of attention after the study of Demerjian et …

Historically, bubbles are followed by crashes, which in turn are followed by punitive
legislation. The 1999–2003 era is fully consistent with this pattern….(Coffee, 2003a, p. 46) …

Using a comprehensive hedge fund database, we examine the role of managerial incentives
and discretion in hedge fund performance. Hedge funds with greater managerial incentives …

We investigate whether CEO power influences a firm's decision to change its compensation
system in response to regulatory and public pressure. In particular, we assess whether CEO …

The study examines the relationship between executive compensation and firm performance
among Indian firms. The evidence suggests that firm performance measured by accounting …

Purpose Consistent with the board of directors and top executive management's role in
ensuring and promoting investments for economic development, this paper aims to examine …

The usage of performance-vesting (pv) equity awards to top executives in large US
companies has grown from 20 to 70 percent from 1998 to 2012. We measure the effects of …

This study focuses on the relation between current compensation and past performance
measures as signals of a chief executive officer's (CEO's) ability. We develop a simple two …

We assemble a sample of 983 equity-based awards that include either an accelerated-or a
contingent-vesting provision tied to firm performance and explore the frequency, contractual …

We study the effect of board size on firm value in Australia. Using a large sample of
Australian firms over the period 2001–2011, we find strong evidence of a negative …