Earnings restatements, changes in CEO compensation, and firm performance
Prior research finds that earnings restatements are linked to CEOs' excessive option-based compensation and equity holdings. In this paper, we investigate whether firms that experience earnings restatements recontract with their CEOs to reduce their option-based compensation and if so, whether...
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Main Authors: | CHENG, Qiang, Farber, David |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2008
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Online Access: | https://ink.library.smu.edu.sg/soa_research/825 https://ink.library.smu.edu.sg/context/soa_research/article/1824/viewcontent/SSRN_id808344.pdf |
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Institution: | Singapore Management University |
Language: | English |
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