Results 1 - 10
of
54
Understanding the relationship between founder-CEOs and firm performance
- Journal of Empirical Finance
, 2009
"... While previous empirical literature has examined the effect of founder-CEOs on firm per-formance, it has largely ignored the effect of firm performance on founder-CEO status. In this paper, we use instrumental variables methods to better understand the relationship be-tween founder-CEOs and performa ..."
Abstract
-
Cited by 40 (0 self)
- Add to MetaCart
positive causal effect of founder-CEOs on firm performance which is quantitatively larger than the effect estimated through standard OLS regressions. Contrary to the common perception that founder-CEOs will retain their titles following good performance, we show that performance is negatively related
Stock prices and top management changes
- Journal of Financial Economics
, 1988
"... This p~er studies the association between a finn's stock returns and subsequent top management chAMes. Con~ieut w~th mmml monitoring of management, there is an inverse relation between the probability of a management change and a firm's share performance. ~ relation can result from monitor ..."
Abstract
-
Cited by 240 (1 self)
- Add to MetaCart
between a firm's stock price perfor-mance and subsequent changes in its top management. A top management change is defined as any change in the set of individuals holding the title of chief executive officer (CEO), president, or chairman of the board. The major hypothesis is that the probability of a
Agency Costs of CEO Succession-Securing Behavior
"... In the ‘passing the baton ’ succession process, the incumbent CEO/Chairman relinquishes the CEO title, but retains the Chairman title to facilitate monitoring the new CEO during a probationary period. The new CEO eventually wins the Chairman title if he is successful during the probationary period. ..."
Abstract
- Add to MetaCart
In the ‘passing the baton ’ succession process, the incumbent CEO/Chairman relinquishes the CEO title, but retains the Chairman title to facilitate monitoring the new CEO during a probationary period. The new CEO eventually wins the Chairman title if he is successful during the probationary period
The Optimal Timing of CEO Compensation
, 2012
"... useful comments and suggestions. A previous version of this paper was circulated under the title “The optimal timing of compensation with managerial short-termism”. I acknowledge financial support from Institut de Finance Mathématique de Montréal. ..."
Abstract
-
Cited by 1 (0 self)
- Add to MetaCart
useful comments and suggestions. A previous version of this paper was circulated under the title “The optimal timing of compensation with managerial short-termism”. I acknowledge financial support from Institut de Finance Mathématique de Montréal.
Separating the Titles of CEO and Chairman: A Model of Leadership and Authority
, 2008
"... When a CEO holds the title of Chairman of the Board, the board has the formal authority, but the CEO often holds the leadership. This paper shows that if the board is not independent enough to discipline a CEO, it is optimal for the board to take leadership by separating the titles. However, the boa ..."
Abstract
- Add to MetaCart
When a CEO holds the title of Chairman of the Board, the board has the formal authority, but the CEO often holds the leadership. This paper shows that if the board is not independent enough to discipline a CEO, it is optimal for the board to take leadership by separating the titles. However
ABSTRACT Title of dissertation: SELECTION OF STAR CEOS AND ITS IMPLICATIONS ON FIRM PERFORMANCE AND CEO COMPENSATION
"... My dissertation examines a board’s decision to hire a star CEO and the implication of such decision on the new CEO compensation and firm performance. I develop a new methodology to identify a star CEO by analyzing the texts contained in 18,240 Wall Street Journal news articles. Unlike previous measu ..."
Abstract
- Add to MetaCart
My dissertation examines a board’s decision to hire a star CEO and the implication of such decision on the new CEO compensation and firm performance. I develop a new methodology to identify a star CEO by analyzing the texts contained in 18,240 Wall Street Journal news articles. Unlike previous
Title “Rules, Meta-rules, Direction, Adaptive Tensions and the Role of the CEO in a
"... This paper is towards a methodology for undertaking theoretical research in entrepreneurship and small business through engagement with practitioners, such that it is able to address the joint goals of ontological and experimental adequacy, while providing the actors with instrumental, i.e. usable, ..."
Abstract
- Add to MetaCart
business (Argyle 2000). The researchers and the CEO of the company are working together to develop this methodology and this paper describes the process and some of the results to date. The emerging research paradigm recasts notions of holism or multi-disciplinary approaches, not from the inter
OPTIMAL CEO COMPENSATION AND STOCK OPTIONS∗
"... Los documentos de trabajo del Ivie ofrecen un avance de los resultados de las investigaciones económicas en curso, con objeto de generar un proceso de discusión previo a su remisión a las revistas científicas. ∗ This working paper summarizes the main results of the project of the same title financed ..."
Abstract
- Add to MetaCart
Los documentos de trabajo del Ivie ofrecen un avance de los resultados de las investigaciones económicas en curso, con objeto de generar un proceso de discusión previo a su remisión a las revistas científicas. ∗ This working paper summarizes the main results of the project of the same title
Title Page
, 2014
"... Solid oxide fuel cells are electrochemical energy conversion devices utilizing solid electrolytes transporting O2- that typically operate in the 800 – 1000 °C temperature range due to the large activation barrier for ionic transport. Reducing electrolyte thickness or increasing ionic conductivity ca ..."
Abstract
- Add to MetaCart
can enable lower temperature operation for both stationary and portable applications. This thesis is focused on the fabrication of free standing ultrathin (<100 nm) oxide membranes of prototypical O2- conducting electrolytes, namely Y2O3-doped ZrO2 and Gd2O3-doped CeO2. Fabrication
previously circulated under the title A Calibratable Model of Optimal CEO Incentives in Market
, 2008
"... Existing compensation models typically assume that e¤ort has additive e¤ects on CEO utility. This paper considers multiplicative speci
cations for the principal-agent problem, and further embeds the problem into a talent assignment model. The result is a uni-ed framework endogenizing both incentives ..."
Abstract
- Add to MetaCart
Existing compensation models typically assume that e¤ort has additive e¤ects on CEO utility. This paper considers multiplicative speci
cations for the principal-agent problem, and further embeds the problem into a talent assignment model. The result is a uni-ed framework endogenizing both
Results 1 - 10
of
54