Neighborhood matters: The impact of location on broad based stock option plans ☆

By Simi Kedia, Shivaram Rajgopal. 2009

269 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/a76dd672966822b9ccaf993ee1d84b7b4bef8908

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Citations in the corpus

Local Investors and Corporate Governance (2012, unknown): “In another related study, Kedia and Rajgopal (2009) find that local social interactions influence the option grant policies of local firms.”
Geographic Lead-Lag Effects (2020, unknown): “Recent examples include executive compensation (e.g., Kedia and Rajgopal (2009), Bouwman (2014), Francis et al. (2016)), corporate fraud (e.g., Parsons, Sulaeman, and Titman (2017), Parsons, Sulaeman, and Titman (2016)), capital expenditures (e.g., Dougal, Parsons, and Titman (2015)), and CEO…”
Globalizing the Boardroom - The Effects of Foreign Directors on Corporate Governance and Firm Performance (2012, background): “See, e.g., Kedia and Rajgopal (2009), Hochberg and Lindsey (2010), Becker, Cronqvist, and Fahlenbrach (2010), and Knyazeva, Knyazeva, and Masulis (2011).”
Boardroom Centrality and Firm Performance (2013, unknown): “, Kedia and Rajgopal (2009)).”
Non-Executive Employee Stock Options and Corporate Innovation (2015, unknown): “When constructing this instrument, we use firms in geographical proximity because Kedia and Rajgopal (2009) document a local similarity in the employee option grant policy.”
Employee Ownership and Firm Disclosure (2015, unknown): “See Kedia and Rajgopal (2009).”
Endogeneity in CEO power: A survey and experiment (2016, unknown): “…evidence suggest compensation practices in the local geographic region may affect the compensation packages in individual firms through the local labour market, social interaction and compensation peer group benchmarking (e.g., Glaeser, Sacerdote, & Scheinkman, 1996; Kedia & Rajgopal, 2009).”
Do employee-friendly firms invest more efficiently? Evidence from labor investment efficiency (2020, background): “In particular, previous studies find that a firm’s employee treatment and CSR policy can be affected by the relevant policies of firms in the same region (Di Giuli and Kostovetsky, 2014; Husted et al., 2016; Jiraporn et al., 2014; Kedia and Rajgopal, 2009).”
Rank and File Employees and the Discovery of Misreporting: The Role of Stock Options (2016, unknown): “14 Kedia and Rajgopal (2009) document that location is as important as industry membership in explaining rank and file option grants.”
Network Effects in Countries’ Adoption of IFRS (2014, methodology): “The concept of network effects has recently been used to explain several accounting- related phenomena, such as the adoption of stock-option compensation plans (Kedia and Rajgopal, 2009) and the decision to expense options in the income statement (Reppenhagen 2010).”
Board Interlocks and Earnings Management Contagion (2013, background): “Past studies find evidence that geographical networks influence accounting and auditing behaviors (e.g., Kedia and Rajgopal 2008; Defond, Francis and Hu 2009).”
Incentives, Targeting and Firm Performance: An Analysis of Non-Executive Stock Options (2010, unknown): “Empirical evidence supports this idea; Kedia and Rajgopal (2009) find that firms grant options more broadly when a higher fraction of firms in the local area grant options broadly.”
Industry Tournament Incentives (2018, unknown): “Likewise, the three relevant Spearman correlation coefficients are significantly positive but also are substantially less than 1.”