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Executive compensation and capital structure: The effects of convertible debt and straight debt on CEO pay

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  • Ortiz-Molina, Hernan

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  • Ortiz-Molina, Hernan, 2007. "Executive compensation and capital structure: The effects of convertible debt and straight debt on CEO pay," Journal of Accounting and Economics, Elsevier, vol. 43(1), pages 69-93, March.
  • Handle: RePEc:eee:jaecon:v:43:y:2007:i:1:p:69-93
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    Cited by:

    1. Belkhir, Mohamed & Boubaker, Sabri, 2013. "CEO inside debt and hedging decisions: Lessons from the U.S. banking industry," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 24(C), pages 223-246.
    2. Kenneth Shaw, 2012. "CEO incentives and the cost of debt," Review of Quantitative Finance and Accounting, Springer, vol. 38(3), pages 323-346, April.
    3. Colonnello, Stefano, 2016. "Executive Compensation, Macroeconomic Conditions, and Cash Flow Cyclicality," IWH Discussion Papers 6/2016, Halle Institute for Economic Research (IWH).
    4. Karpavičius, Sigitas, 2014. "The cost of capital and optimal financing policy in a dynamic setting," Journal of Banking & Finance, Elsevier, vol. 48(C), pages 42-56.
    5. Riachi, Ilham & Schwienbacher, Armin, 2013. "Securitization of corporate assets and executive compensation," Journal of Corporate Finance, Elsevier, vol. 21(C), pages 235-251.
    6. Papa, Gianluca & Speciale, Biagio, 2011. "Financial leverage and managerial compensation: Evidence from the UK," Research in Economics, Elsevier, vol. 65(1), pages 36-46, March.
    7. repec:eee:corfin:v:45:y:2017:i:c:p:428-466 is not listed on IDEAS
    8. Colonnello, Stefano & Curatola, Giuliano & Hoang, Ngoc Giang, 2017. "Direct and indirect risk-taking incentives of inside debt," Journal of Corporate Finance, Elsevier, vol. 45(C), pages 428-466.
    9. Ching-Chieh Tsai & Chi-Cheng Wu & Ruey-Dang Chang, 2012. "Effects of Overvalued Equity and Managerial Incentives on Corporate Policy," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 48(0), pages 74-87, January.
    10. Renneboog, Luc & Zhao, Yang, 2011. "Us knows us in the UK: On director networks and CEO compensation," Journal of Corporate Finance, Elsevier, vol. 17(4), pages 1132-1157, September.
    11. repec:eee:reveco:v:49:y:2017:i:c:p:292-312 is not listed on IDEAS
    12. Denis, David J. & Xu, Jin, 2013. "Insider trading restrictions and top executive compensation," Journal of Accounting and Economics, Elsevier, vol. 56(1), pages 91-112.
    13. Huang, Hsing-Hua & Huang, Hongming & Shih, Pai-Ta, 2012. "Real options and earnings-based bonus compensation," Journal of Banking & Finance, Elsevier, vol. 36(8), pages 2389-2402.
    14. Kim, Kyonghee & Patro, Sukesh & Pereira, Raynolde, 2017. "Option incentives, leverage, and risk-taking," Journal of Corporate Finance, Elsevier, vol. 43(C), pages 1-18.
    15. Kabir, Rezaul & Li, Hao & Veld-Merkoulova, Yulia V., 2013. "Executive compensation and the cost of debt," Journal of Banking & Finance, Elsevier, vol. 37(8), pages 2893-2907.
    16. Alves, Paulo & Couto, Eduardo Barbosa & Francisco, Paulo Morais, 2015. "Board of directors’ composition and capital structure," Research in International Business and Finance, Elsevier, vol. 35(C), pages 1-32.
    17. Zhilan Feng & Chinmoy Ghosh & Fan He & C. Sirmans, 2010. "Institutional Monitoring and REIT CEO Compensation," The Journal of Real Estate Finance and Economics, Springer, vol. 40(4), pages 446-479, May.
    18. Muñoz, Fernando & Vargas, María & Vicente, Ruth, 2014. "Fund flow bias in market timing skill. Evidence of the clientele effect," International Review of Economics & Finance, Elsevier, vol. 33(C), pages 257-269.
    19. Gao, Huasheng, 2010. "Optimal compensation contracts when managers can hedge," Journal of Financial Economics, Elsevier, vol. 97(2), pages 218-238, August.
    20. Albring, Susan M. & Khurana, Inder K. & Nejadmalayeri, Ali & Pereira, Raynolde, 2011. "Managerial compensation and the debt placement decision," Journal of Corporate Finance, Elsevier, vol. 17(5), pages 1445-1456.
    21. Laux, Christian & Lóránth, Gyöngyi & Morrison, Alan, 2016. "The Adverse Effect of Information on Governance and Leverage," CEPR Discussion Papers 11345, C.E.P.R. Discussion Papers.
    22. Ching-Chieh Tsai & Chi-Cheng Wu & Ruey-Dang Chang, 2012. "Effects of Overvalued Equity and Managerial Incentives on Corporate Policy," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 48(0), pages 74-87, January.

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