Executive Compensation and Horizon Incentives: an Empirical Investigation
This paper investigates the hypothesis that CEOs in their final years of office manage discretionary investment expenditures to improve short-term earnings performance. We examine the behavior of R & D expenditures for a sample of firms in industries that have significant ongoing R & D activ...
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| 格式: | text |
| 語言: | English |
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Institutional Knowledge at Singapore Management University
2012
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| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/lkcsb_research/4243 |
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| 機構: | Singapore Management University |
| 語言: | English |