FORTHCOMING IN ACADEMY OF MANAGEMENT JOURNAL The Burden of Celebrity: The Impact of CEO Certification Contests on CEO Pay and Performance

By James B. Wade, Joseph Porac. 2005

455 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/7b673c24bf8af868f8de6ed5b66146209b190f05

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Citations in the corpus

Social Discrimination in the Corporate Elite (2013, background): “For example, Wade et al. (2006) found that CEOs who had received Financial World’s CEO of the Year Award tended to experience a larger decline in their compensation (or smaller increases in their pay) following relatively low firm performance than CEOs who had less status in the corporate elite…”
The danger of misinterpreting short-window event study findings in strategic management research: an empirical illustration using horizontal acquisitions (2008, background): “…(2005) Arthaud-Day Financial restatements 1 to 1 et al. (2006) Haleblian Acquisitions 5 to 15 et al. (2006) Uhlenbruck Acquisitions 0 et al. (2006) Wade et al. (2006) CEO award 3 to 1, 0 to 1, 0 to 2, 0 to 3, 3 to 30, 3 to 90, 3 to 240 APPENDIX (Continued) Paper Brief description of Window(s)…”
Getting What You Need: How Reputation and Status Affect Team Performance, Hiring, and Salaries in the NBA (2013, methodology): “Although there are similarities with CEOs, prominent executives, venture capitalists, and security analysts, the results of this paper are bound by those industries where uncertainty in the quality of the resources employed may generate high pay for a small set of individuals.”
Undeserved Loss: The Spread of Legitimacy Loss to Innocent Organizations in Response to Reported Corporate Deviance (2009, background): “Thus the high expectations set the organization up for a greater fall, as has been shown for automotive quality ratings (Rhee and Haunschild, 2006) and remuneration of celebrity chief executive offi cers (Wade et al., 2006).”
Academic honors and performance (2014, background): “5 -10 -5 0 5 10 1949 1951 Milton Friedman 0 2 4 6 8 -10 -5 0 5 10 1951 1955 James Tobin 0 1 2 3 -10 -5 0 5 10 1955 1957 Kenneth J. Arrow 0 5 10 15 -10 -5 0 5 10 1957 1959 Lawrence R. Klein 0 5 10 15 -10 -5 0 5 10 1959 1961 Robert M. Solow 0 10 20 30 -10 -5 0 5 10 1961 1963 Hendrik S. Houthakker 0 5 ”
Romancing leadership: Past, present, and future ☆ (2011, methodology): “Wade et al. (2006) examined similar data from The Financial Times' rankings of exemplary CEOs, and found that CEO certifications appear to generate positive abnormal returns when they are first announced; however, the longer-term impact of CEO certifications was negative.”
The Paradox of Publicity (2014, background): “Among organizations, studies finding a positive effect of status on price demonstrate that social status is associated with greater perceived worth (Benjamin and Podolny, 1999; Wade et al., 2006; Roberts, Khaire, and Rider, 2011).”
Framing Controversial Actions: Regulatory Focus, Source Credibility, and Stock Market Reaction to Poison Pill Adoption (2014, methodology): “In the current study, market model parameters were estimated over a 255-day period starting 46 days prior to the adoption announcement using EVENTUS (e.g., Pfarrer, Pollock, & Rindova, 2010; Wade et al., 2006).”
Master of Puppets: How Narcissistic CEOs Construct Their Professional Worlds (2017, background): “Whereas celebrity CEOs and their top lieutenants get paidmorewhen firm performance is good (Graffin, Wade, Porac, & McNamee, 2008; Malmendier & Tate, 2009; Wade et al., 2006), they also appear to be paid somewhat less when firm performance is poor (Wade et al., 2006).”
Awards: A strategic management perspective (2016, background): “Two other studies (Malmendier and Tate, 2009; Wade et al., 2006) look at CEO awards bestowed by the business press (e.”