CEO optimism and incentive compensation
I study the effect of chief executive officer (CEO) optimism on CEO compensation. Usingdata on compensation in US firms, I provide evidence that CEOs whose option exercisebehavior and earnings forecasts are indicative of optimistic beliefs receive smaller stockoption grants, fewer bonus payments, an...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2014
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| Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/5375 https://ink.library.smu.edu.sg/context/lkcsb_research/article/6374/viewcontent/1_s2.0_S0304405X14001330_main.pdf |
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| Institution: | Singapore Management University |
| Language: | English |