Executive Equity Compensation and Incentives: A Survey

By John E. Core, W. Guay, David F. Larcker. 2005

857 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/2a7dc79bca724c40d22e9501cecdce4b336d8796

How researchers see this paper

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

In Accounting

1. Christopher S. Armstrong
2. Jeong‐Bon Kim
3. W. Guay
4. Alex Edmans
5. Liandong Zhang
6. David F. Larcker
7. Stuart L. Gillan
8. Qiang Cheng

In Finance

1. Alex Edmans
2. Robert M. Bushman
3. Jeong‐Bon Kim
4. Liandong Zhang
5. Christopher S. Armstrong
6. Xavier Gabaix
7. W. Guay
8. L. Bebchuk

In Strategy and Management

1. Jeong‐Bon Kim
2. Christopher S. Armstrong
3. Liandong Zhang
4. Stuart L. Gillan
5. Qiang Cheng
6. W. Guay
7. Daniel A. Cohen
8. Joseph P. Weber

Citations in the corpus

• Moving Closer to the Action: Examining Compensation Design Effects on Firm Risk (2008, background): “Thus, under the assumption that larger returns require larger risks, shareholders are argued to favor less CEO risk aversion (Core et al. 2003).”
• Recent Developments in Corporate Governance: An Overview (2006, background): “Review papers pertaining to compensation include Murphy (1999), Bebchuk and Fried (2003), Core, Guay, and Larcker (2003) and Core, Guay, and Thomas (2005).”
• Risk and CEO turnover (2010, background): “Useful reviews of the executive compensation literature are Murphy (2000), Bushman and Smith (2001), and Core, Guay, and Larcker (2003). directly impact CEO turnover decisions.2 In this paper, we extend the extant literature by establishing fundamental connections between firm performance risk and…”
• The Market Reaction to Corporate Governance Regulation (2010, neutral): “Another view of existing pay practices is that they are value-maximizing for shareholders [see Core, Guay, and Larcker (2003) for a review].”
• The Role of CEO’s Personal Incentives in Driving Corporate Social Responsibility (2014, background): “Monetary incentives Equity incentives are defined as the variation in executive’s wealth caused by a change in stock price and they therefore measure the strength of CEO’s incentives to increase the value of firm’s stock (Core et al., 2003).”
• Corporate governance structure and board of directors remuneration policies: evidence from Spain (2008, neutral): “…in establishing a relationship between company remuneration policies and either company market value or the behaviour of board members; these are the conclusions of certain studies which have reviewed the literature in detail (GómezMejía and Wiseman, 1997; Murphy, 1999; Core et al., 2003).”