Advanced Search
MyIDEAS: Login

Citations for "Why Do Firms Use Incentives That Have No Incentive Effects?"

by Oyer, Paul

For a complete description of this item, click here. For a RSS feed for citations of this item, click here.
as in new window
  1. DeVaro, Jed, 2011. "Using "opposing responses" and relative performance to distinguish empirically among alternative models of promotions," MPRA Paper 35175, University Library of Munich, Germany.
  2. Francis, Bill & Hasan, Iftekhar & John, Kose & Waisman , Maya, 2012. "Urban agglomeration and CEO compensation," Research Discussion Papers, Bank of Finland 17/2012, Bank of Finland.
  3. Oyer, Paul & Schaefer, Scott, 2011. "Personnel Economics: Hiring and Incentives," Handbook of Labor Economics, Elsevier, Elsevier.
  4. Garvey, Gerald T. & Milbourn, Todd T., 2006. "Asymmetric benchmarking in compensation: Executives are rewarded for good luck but not penalized for bad," Journal of Financial Economics, Elsevier, Elsevier, vol. 82(1), pages 197-225, October.
  5. Oyer, Paul & Schaefer, Scott, 2005. "Why do some firms give stock options to all employees?: An empirical examination of alternative theories," Journal of Financial Economics, Elsevier, Elsevier, vol. 76(1), pages 99-133, April.
  6. James Bannister & Harry Newman & Joseph Weintrop, 2011. "Tests for relative performance evaluation based on assumptions derived from proxy statement disclosures," Review of Quantitative Finance and Accounting, Springer, Springer, vol. 37(2), pages 127-148, August.
  7. Kohei Daido & Takeshi Murooka, 2013. "Loss Aversion, Stochastic Compensation, and Team Incentives," Discussion Paper Series, School of Economics, Kwansei Gakuin University 107, School of Economics, Kwansei Gakuin University, revised Jul 2013.
  8. Jenter, Dirk, 2004. "Executive Compensation, Incentives, and Risk," Working papers 4466-02, Massachusetts Institute of Technology (MIT), Sloan School of Management.
  9. Matthias Benz & Alois Stutzer, . "Was erklärt die steigenden Managerlöhne? Ein Diskussionsbeitrag," IEW - Working Papers 081, Institute for Empirical Research in Economics - University of Zurich.
  10. Malcolm Baker & Joshua Coval & Jeremy C. Stein, 2004. "Corporate Financing Decisions When Investors Take the Path of Least Resistance," NBER Working Papers 10998, National Bureau of Economic Research, Inc.
  11. Catherine Casamatta & Alexander Guembel, 2010. "Managerial Legacies, Entrenchment, and Strategic Inertia," Journal of Finance, American Finance Association, American Finance Association, vol. 65(6), pages 2403-2436, December.
  12. Maija Halonen-Akatwijuka & Oliver D. Hart, 2013. "More is Less: Why Parties May Deliberately Write Incomplete Contracts," NBER Working Papers 19001, National Bureau of Economic Research, Inc.
  13. Gueorgui I. Kolev & Robin Hogarth, 2008. "Illusory correlation in the remuneration of chief executive officers: It pays to play golf, and well," Economics Working Papers 1132, Department of Economics and Business, Universitat Pompeu Fabra.
  14. Faulkender, Michael & Yang, Jun, 2010. "Inside the black box: The role and composition of compensation peer groups," Journal of Financial Economics, Elsevier, Elsevier, vol. 96(2), pages 257-270, May.
  15. Oyer, Paul & Schaefer, Scott, 2006. "Costs of broad-based stock option plans," Journal of Financial Intermediation, Elsevier, Elsevier, vol. 15(4), pages 511-534, October.
  16. Hall, Brian J. & Murphy, Kevin J., 2002. "Stock options for undiversified executives," Journal of Accounting and Economics, Elsevier, Elsevier, vol. 33(1), pages 3-42, February.
  17. Palmon, Oded & Bar-Yosef, Sasson & Chen, Ren-Raw & Venezia, Itzhak, 2008. "Optimal strike prices of stock options for effort-averse executives," Journal of Banking & Finance, Elsevier, Elsevier, vol. 32(2), pages 229-239, February.
  18. Bergman, Nittai K. & Jenter, Dirk, 2007. "Employee sentiment and stock option compensation," Journal of Financial Economics, Elsevier, Elsevier, vol. 84(3), pages 667-712, June.
  19. Pedro S. Martins, 2004. "Rent Sharing Before and After the Wage Bill," Discussion Paper Series, Department of Economics, Department of Economics, University of St. Andrews 200405, Department of Economics, University of St. Andrews.
  20. Thomas Cornelissen & John Heywood & Uwe Jirjahn, 2014. "Reciprocity and Profit Sharing: Is There an Inverse U-shaped Relationship?," Journal of Labor Research, Springer, Springer, vol. 35(2), pages 205-225, June.
  21. Pierre Chaigneau & Nicolas Sahuguet, 2013. "The effect of monitoring on CEO pay practices in a matching equilibrium," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library 55405, London School of Economics and Political Science, LSE Library.
  22. Gill, David & Prowse, Victoria & Vlassopoulos, Michael, 2013. "Cheating in the workplace: An experimental study of the impact of bonuses and productivity," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 96(C), pages 120-134.
  23. Pierre Chaigneau & Nicolas Sahuguet, 2014. "Explaining the Association between Monitoring and Controversial CEO Pay Practices: an Optimal Contracting Perspective," Cahiers de recherche, CIRPEE 1406, CIRPEE.
  24. Jean-Pierre Danthine & John B. Donaldson, 2010. "Executive Compensation: A General Equilibrium Perspective," Working Papers 2010-19, Swiss National Bank.
  25. Peter Roosenboom & Tjalling van der Goot, 2006. "Broad-based employee stock options grants and IPO firms," Applied Economics, Taylor & Francis Journals, Taylor & Francis Journals, vol. 38(12), pages 1343-1351.
  26. John S. Heywood & Uwe Jirjahn, 2011. "Variable Pay, Industrial Relations and Foreign Ownership: Evidence from Germany," Research Papers in Economics 2011-05, University of Trier, Department of Economics.
  27. Chaigneau, Pierre & Sahuguet, Nicolas, 2012. "The structure of CEO pay: pay-for-luck and stock-options," CEPR Discussion Papers, C.E.P.R. Discussion Papers 9182, C.E.P.R. Discussion Papers.
  28. Ruslan Gurtoviy & Luis G. González, 2008. "How Much to Pay in Cash? Employee Retention via Stock Options," Papers on Strategic Interaction, Max Planck Institute of Economics, Strategic Interaction Group 2004-24, Max Planck Institute of Economics, Strategic Interaction Group.
  29. Oyer, Paul & Schaefer, Scott, 2005. "Accounting, Governance, and Broad-Based Stock Option Grants," Research Papers, Stanford University, Graduate School of Business 1821r1, Stanford University, Graduate School of Business.
  30. Hanen Maalej & Mohamed Triki, 2008. "Déterminants de la pratique de l'actionnariat salarié dans les entreprises françaises," Post-Print halshs-00525419, HAL.
  31. Pierre Chaigneau, 2012. "On the Value of Improved Informativeness," Cahiers de recherche, CIRPEE 1205, CIRPEE.
  32. Giannetti, Mariassunta, 2011. "Serial CEO incentives and the structure of managerial contracts," Journal of Financial Intermediation, Elsevier, Elsevier, vol. 20(4), pages 633-662, October.
  33. Marco Celentani & Rosa Loveira-Pazó, 2004. "What form of relative performance evaluation?," Economics Working Papers 744, Department of Economics and Business, Universitat Pompeu Fabra.
  34. Jones, Derek C. & Kalmi, Panu & Mäkinen, Mikko, 2006. "The Productivity Effects of Stock Option Schemes: Evidence from Finnish Panel Data," Discussion Papers, The Research Institute of the Finnish Economy 1026, The Research Institute of the Finnish Economy.
  35. Lustig, Hanno & Syverson, Chad & Van Nieuwerburgh, Stijn, 2011. "Technological change and the growing inequality in managerial compensation," Journal of Financial Economics, Elsevier, Elsevier, vol. 99(3), pages 601-627, March.
  36. Scott Fung & Hoje Jo & Shih-Chuan Tsai, 2009. "Agency problems in stock market-driven acquisitions," Review of Accounting and Finance, Emerald Group Publishing, Emerald Group Publishing, vol. 8(4), pages 388 - 430, November.
  37. Jones, Derek C. & Kalmi, Panu & Mäkinen, Mikko, 2004. "The Determinants of Stock Option Compensation: Evidence from Finland," Discussion Papers, The Research Institute of the Finnish Economy 957, The Research Institute of the Finnish Economy.
  38. Eisfeldt, Andrea & Kuhnen, Camelia M., 2010. "CEO turnover in a competitive assignment framework," MPRA Paper 22367, University Library of Munich, Germany.
  39. Gerald T. Garvey & Todd T. Milbourn, 2003. "Asymmetric Benchmarking in Compensation: Executives are Paid for (Good) Luck But Not Punished for Bad," Claremont Colleges Working Papers, Claremont Colleges 2003-01, Claremont Colleges.
  40. Edward P. Lazear, 1995. "Personnel Economics," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262121883, December.
  41. Albuquerque, Ana, 2009. "Peer firms in relative performance evaluation," Journal of Accounting and Economics, Elsevier, Elsevier, vol. 48(1), pages 69-89, October.
  42. Kunz, Alexis H. & Pfaff, Dieter, 2002. "Agency theory, performance evaluation, and the hypothetical construct of intrinsic motivation," Accounting, Organizations and Society, Elsevier, vol. 27(3), pages 275-295, April.
  43. Inderst, Roman & Mueller, Holger M, 2005. "Benefits of Broad-based Option Pay," CEPR Discussion Papers, C.E.P.R. Discussion Papers 4878, C.E.P.R. Discussion Papers.
  44. Francine Lafontaine & Scott E. Masten, 2002. "Contracting in the Absence of Specific Investments and Moral Hazard: Understanding Carrier-Driver Relations in U.S. Trucking," NBER Working Papers 8859, National Bureau of Economic Research, Inc.
  45. Aboody, David & Johnson, Nicole Bastian & Kasznik, Ron, 2010. "Employee stock options and future firm performance: Evidence from option repricings," Journal of Accounting and Economics, Elsevier, Elsevier, vol. 50(1), pages 74-92, May.
  46. Pukthuanthong, Kuntara & Roll, Richard & Walker, Thomas, 2007. "How employee stock options and executive equity ownership affect long-term IPO operating performance," Journal of Corporate Finance, Elsevier, Elsevier, vol. 13(5), pages 695-720, December.
  47. Kedia, Simi & Rajgopal, Shiva, 2009. "Neighborhood matters: The impact of location on broad based stock option plans," Journal of Financial Economics, Elsevier, Elsevier, vol. 92(1), pages 109-127, April.
  48. Thomas Cornelissen & John S. Heywood & Uwe Jirjahn, 2010. "Profit Sharing and Reciprocity: Theory and Survey Evidence," SOEPpapers on Multidisciplinary Panel Data Research 292, DIW Berlin, The German Socio-Economic Panel (SOEP).
  49. Brookman, Jeffrey T. & Thistle, Paul D., 2013. "Managerial compensation: Luck, skill or labor markets?," Journal of Corporate Finance, Elsevier, Elsevier, vol. 21(C), pages 252-268.
  50. Kvaløy, Ola & Olsen, Trond E., 2007. "Relative Performance Evaluation, Agent Hold-Up and Firm Organization," Discussion Papers, Department of Business and Management Science, Norwegian School of Economics 2007/26, Department of Business and Management Science, Norwegian School of Economics.
  51. Carter, Mary Ellen & Lynch, Luann J., 2004. "The effect of stock option repricing on employee turnover," Journal of Accounting and Economics, Elsevier, Elsevier, vol. 37(1), pages 91-112, February.
  52. Francis, Bill & Hasan, Iftekhar & John, Kose & Sharma, Zenu, 2013. "Asymmetric benchmarking of pay in firms," Journal of Corporate Finance, Elsevier, Elsevier, vol. 23(C), pages 39-53.
  53. Singer, Marcos & Donoso, Patricio & Rodríguez-Sickert, Carlos, 2008. "A static model of cooperation for group-based incentive plans," International Journal of Production Economics, Elsevier, Elsevier, vol. 115(2), pages 492-501, October.
  54. Martijn Cremers & Yaniv Grinstein, 2009. "The Market for CEO Talent: Implications for CEO Compensation," Yale School of Management Working Papers, Yale School of Management amz2385, Yale School of Management, revised 01 Sep 2009.
  55. Bizjak, John M. & Lemmon, Michael L. & Naveen, Lalitha, 2008. "Does the use of peer groups contribute to higher pay and less efficient compensation?," Journal of Financial Economics, Elsevier, Elsevier, vol. 90(2), pages 152-168, November.
  56. Panu Kalmi, 2006. "Stock option compensation and equity values," Economics Bulletin, AccessEcon, vol. 10(2), pages 1-8.
  57. Francis, Bill & Hasan, Iftekhar & Sharma, Zenu, 2011. "Incentives and innovation: evidence from CEO compensation contracts," Research Discussion Papers, Bank of Finland 17/2011, Bank of Finland.
  58. Jed Devaro & Fidan Ana Kurtulus, 2011. "An Empirical Analysis of Risk, Incentives and The Delegation of Worker Authority," UMASS Amherst Economics Working Papers, University of Massachusetts Amherst, Department of Economics 2011-13, University of Massachusetts Amherst, Department of Economics.
  59. Paul Oyer & Scott Schaefer, 2004. "Compensating Employees Below the Executive Ranks: A Comparison of Options, Restricted Stock, and Cash," NBER Working Papers 10221, National Bureau of Economic Research, Inc.
  60. repec:ebl:ecbull:v:10:y:2006:i:2:p:1-8 is not listed on IDEAS
  61. Serdar Aldatmaz & Paige Ouimet & Edward D Van Wesep, 2014. "The Option To Quit: The Effect Of Employee Stock Options On Turnover," Working Papers 14-06, Center for Economic Studies, U.S. Census Bureau.
  62. Kim, Kyonghee, 2010. "Blockholder monitoring and the efficiency of pay-performance benchmarking," Journal of Corporate Finance, Elsevier, Elsevier, vol. 16(5), pages 748-766, December.
  63. Marcos Singer & Patricio Donoso & Sven Widdel, 2007. "¿Premian Las Tarifas El Desempeño Del Transportista?," Abante, Escuela de Administracion. Pontificia Universidad Católica de Chile., Escuela de Administracion. Pontificia Universidad Católica de Chile., vol. 10(1), pages 21-55.
  64. Jed DeVaro & Jin-Hyuk Kim & Nick Vikander, 2014. "Pay-for-(Persistent)-Luck: CEO Bonuses Under Relational and Formal Contracting," Discussion Papers 14-13, University of Copenhagen. Department of Economics.
  65. Tzioumis, Konstantinos, 2008. "Why do firms adopt CEO stock options? Evidence from the United States," Journal of Economic Behavior & Organization, Elsevier, Elsevier, vol. 68(1), pages 100-111, October.
  66. Dittmann, Ingolf & Maug, Ernst & Zhang, Dan, 2011. "Restricting CEO pay," Journal of Corporate Finance, Elsevier, Elsevier, vol. 17(4), pages 1200-1220, September.
  67. Nellie Liang & Scott Weisbenner, 2001. "Who benefits from a bull market? an analysis of employee stock option grants and stock prices," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) 2001-57, Board of Governors of the Federal Reserve System (U.S.).
  68. Brian J. Hall & Thomas A. Knox, 2002. "Managing Option Fragility," NBER Working Papers 9059, National Bureau of Economic Research, Inc.
  69. van der Goot, Tjalling, 2010. "Is it timing or backdating of option grants?," International Review of Law and Economics, Elsevier, Elsevier, vol. 30(3), pages 209-217, September.
  70. Antonio Falato & Dalida Kadyrzhanova, 2012. "CEO successions and firm performance in the US financial industry," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.) 2012-79, Board of Governors of the Federal Reserve System (U.S.).
  71. Singer, Marcos & Donoso, Patricio, 2011. "Contracting contractors," Journal of Business Research, Elsevier, Elsevier, vol. 64(3), pages 338-343, March.
  72. Fuchs, William, 2013. "Subjective Evaluations: Discretionary Bonuses and Feedback Credibility," IZA Discussion Papers 7758, Institute for the Study of Labor (IZA).
  73. Hand, John R.M., 2008. "Give everyone a prize? Employee stock options in private venture-backed firms," Journal of Business Venturing, Elsevier, vol. 23(4), pages 385-404, July.