Zobrazeno 1 - 10
of 49
pro vyhledávání: '"Yaniv Grinstein"'
Publikováno v:
Journal of Corporate Finance. 77:102308
Autor:
Yaniv Grinstein, David De Angelis
Publikováno v:
Journal of Financial and Quantitative Analysis. 55:2099-2123
Relative performance evaluation (RPE) in chief executive officer (CEO) compensation can be used as a commitment device to pay CEOs for their revealed relative talent. We find evidence consistent with the talent-retention hypothesis, using two differe
Publikováno v:
SSRN Electronic Journal.
Eighty-nine percent of SP 2) the strength of compensation components’ adjustment to their benchmarks appears similar across the various components; the only exception is the salary that adjusts less pronouncedly to its benchmark, and 3) benchmarkin
Publikováno v:
Contemporary Accounting Research. 34:1812-1842
In December 2006 the SEC issued new rules requiring enhanced disclosure by public U.S. firms of perquisites granted to their executives. The rules applied to perquisites granted in fiscal year 2006 and thereafter. Because the rules were implemented q
Publikováno v:
Management Science. 63:1405-1424
We use the Sarbanes–Oxley Act of 2002 (SOX) as a quasi-natural experiment to examine the link between product market competition and internal governance mechanisms. Consistent with the notion that competition plays an important role in aligning inc
Autor:
Yaniv Grinstein, Yelena Larkin
Publikováno v:
SSRN Electronic Journal.
Do strong incentives to cut costs lead firms to neglect negative externalities? We find that cost-cutting incentives can be environmentally friendly. To arrive at this conclusion, we examine uniquely detailed plant-level data of private and public fi
Publikováno v:
SSRN Electronic Journal.
The relationship between changes in GDP and unemployment during the 2008 financial crisis differed significantly from previous experiences and across countries. We study firm-level decisions in France, Germany, Japan, the UK, and the US. We find sign
Autor:
Yaniv Grinstein, Stefano Rossi
Publikováno v:
Review of Finance. 20:1719-1768
Are courts effective monitors of corporate decisions? In a controversial landmark case, the Delaware Supreme Court held directors personally liable for breaching their fiduciary duties, signaling a sharp increase in Delaware’s scrutiny over corpora
Publikováno v:
SSRN Electronic Journal.
Prior literature has shown that U.S. firms hold large amounts of cash for precautionary reasons: faced by heightened uncertainty regarding future cash needs, firms choose to hold more cash. We decompose firm-level uncertainty into systematic and idio
Autor:
David De Angelis, Yaniv Grinstein
Publikováno v:
Review of Finance. 19:619-651
In December 2006, the Securities and Exchange Commission issued new rules that require enhanced disclosure on how firms tie CEO compensation to performance. We use this new available data to study the terms of performance-based awards in CEO compensa