Managers' pay duration and voluntary disclosures
Given the adverse effect on their welfare, managers are reluctant to disclose bad news in a timely fashion. We examine the effect of managers' pay duration on firms' voluntary disclosures of bad news. Pay duration refers to the average period that it takes for managers' annual compens...
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Main Authors: | , , |
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Format: | text |
Language: | English |
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Institutional Knowledge at Singapore Management University
2021
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1893 https://ink.library.smu.edu.sg/context/soa_research/article/2920/viewcontent/Manager_pay_duration_vd_2020_sv.pdf |
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Institution: | Singapore Management University |
Language: | English |