CEO stock option pay and R&D spending: a behavioral agency explanation ☆

By Jianfeng Wu, Rungting Tu. 2007

167 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/55160ba9bbb377e4fdfdca6dc2399b470de40917

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. G. Sánchez‐Marín
2. María Belda‐Ruiz
3. J. Samuel Baixauli-Soler
4. Lorraine S. Woodard
5. J. Park
6. Anthony Jurkus
7. J. Watson
8. Susan L. Coleman

In Economics and Econometrics

1. G. Sánchez‐Marín
2. J. Park
3. J. Watson
4. Susan L. Coleman
5. Goril J. Johnsen
6. R. Mcmahon
7. Matthew R. Marvel
8. In Hyeock Ian Lee

Citations in the corpus

• Executive stock options, gender diversity in the top management team, and firm risk taking (2015, result): “…that ESOs encourage executives to take more risk (Deutsch, Keil, & Laamanen, 2010; Sanders & Hambrick, 2007; Wright, Kroll, Krug, & Pettús, 2007;Wu & Tu, 2007), which is consistent with the agency theory (Jensen&Meckling, 1976), other research shows that ESOs induce less risk taking…”
• Women in Top Management and Agency Costs (2011, background): “First, a firm’s performance is significantly associated with its agency costs (e.g., Bruton et al., 2002; Gompers et al., 2003; Wu and Tu, 2007).”
• Corporate Governance Quality and CSR Disclosures (2013, background): “Third, the highest VIF value was only 1.41 (Wu and Tu 2007).”