Linking pay to performance--compensation proposals in the S&P 500

By Angela Morgan, Annette B. Poulsen. 2001

209 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/f76e1e4844e12b348ca22047890269d364681218

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Citations in the corpus

Recent Developments in Corporate Governance: An Overview (2006, background): “Others examine shareholder oversight of compensation by focusing on shareholder voting on compensation-related proxy proposals (Bethel and Gillan (2002), Ferri, Markarain, and Sandino (2005), Morgan and Poulsen (2001), and Morgan, Poulsen and Wolf (2005)).”
The Impact of Performance-based Compensation on Misreporting (2006, unknown): “Morgan and Poulsen (2001) find empirical evidence to support this positive effect of stock options on firm value.”
The Impact of the Institutional and Regulatory Environment on Shareholder Voting (2002, unknown): “For example, Morgan and Poulsen (2001) examine the impact on shareholder wealth from stockoption plan proposal announcements between 1992 and 1995.”
Customer Satisfaction, Cash Flow, and Shareholder Value (2005, background): “To align the interests of managers with those of the shareholders, boards of directors often link a large proportion of a top executive’s pay to the firm’s stock price through options or other stock price–related incentives (Guay 1999; Morgan and Poulsen 2001).”
Incentive Compensation for Bank Directors: The Impact of Deregulation (2005, unknown): “Morgan and Poulsen (2001) find equity-based compensation is the most efficient way to align shareholder and manager interests.”
Is There a Dark Side to Incentive Compensation (2006, background): “Moreover, in a recent study, Morgan and Poulsen (2001) report that proposals of executive stock option plans are met with a positive stock price reaction.8 These findings suggest that the positive incentive effects of options outweigh the negative effects, on average.”
Executive Compensation: A Multidisciplinary Review of Recent Developments (2007, unknown): “Indeed, evidence on the relationship between earnings and market returns has been mixed (for recent examples see Wade et al., 2006; Core & Larcker, 2002; Morgan & Poulsen, 2001).”
Do Corporate Governance Characteristics Influence Tax Management (2010, methodology): “Phillips (2003) uses survey data to look at the relationship between the compensation of managers and CEOs and tax planning.”
Shareholder Votes and Proxy Advisors: Evidence from Say on Pay (2013, unknown): “In doing so, we add to the broader literature on executive pay, complementing previous studies of compensation-related shareholder votes on director elections (Cai et al. 2009), shareholder proposals (Ertimur et al., 2011) and management proposals (Morgan and Poulsen, 2001).”
1 The Fundamental Agency Problem and Its Mitigation: Independence, Equity, and the Market for Corporate Control (2007, background): “Morgan and Poulsen (2001) , for example, found that the stock market reacts positively to the announcement of performance-sensitive compensation plans.”