Board Compensation Practices and Agency Costs of Debt

By Mine Ertugrul, S. Hegde. 2008

123 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/0fd180f80893a6a81fb7ed0bb2188fe496aa93b5

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

1. Tracy J. Noga
2. Kristina Minnick

Citations in the corpus

• Do Corporate Governance Characteristics Influence Tax Management (2010, background): “Compensation packages that include stocks and options can be used to solve the moral hazard problem of managers such as shirking and perquisite consumption (Morgan and Poulsen, 2001) as well as risk alignment (Ertugrul and Hegde, 2008).”
• Corporate Governance and the Cost of Debt: Evidence from Director Limited Liability and Indemnification Provisions (2011, unknown): “spreads, in contrast with Ertugrul and Hegde (2008), while the amount of stock held by directors is not significantly related to spreads.”