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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Bibliographic Details
Main Author: OTTO, Clemens A.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2014
Subjects:
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
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