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Volumn 24, Issue 5, 2005, Pages 431-447

Earnings-based bonus plans and the agency costs of debt

Author keywords

Accounting earnings; Cash bonus compensation; Corporate governance; Current earnings; Risk shifting

Indexed keywords


EID: 27644518375     PISSN: 02784254     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jaccpubpol.2005.06.003     Document Type: Article
Times cited : (17)

References (10)
  • 1
    • 0033018677 scopus 로고    scopus 로고
    • The other side of the tradeoff: The impact of risk on executive compensation
    • R. Aggarwal A. Samwick The other side of the tradeoff: The impact of risk on executive compensation Journal of Political Economy 107 1999 65-105
    • (1999) Journal of Political Economy , vol.107 , pp. 65-105
    • Aggarwal, R.1    Samwick, A.2
  • 2
    • 0037289033 scopus 로고    scopus 로고
    • Accounting and stock price performance in dynamic CEO compensation arrangements
    • J. Boschen A. Duru L. Gordon K. Smith Accounting and stock price performance in dynamic CEO compensation arrangements Accounting Review 78 2003 143-168
    • (2003) Accounting Review , vol.78 , pp. 143-168
    • Boschen, J.1    Duru, A.2    Gordon, L.3    Smith, K.4
  • 3
    • 0036591270 scopus 로고    scopus 로고
    • The roles of performance measures and monitoring in annual governance decisions in entrepreneurial firms
    • E. Engel E. Gordon R. Hayes The roles of performance measures and monitoring in annual governance decisions in entrepreneurial firms Journal of Accounting Research 40 2002 485-519
    • (2002) Journal of Accounting Research , vol.40 , pp. 485-519
    • Engel, E.1    Gordon, E.2    Hayes, R.3
  • 6
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs, and ownership Structure
    • M.C. Jensen M. Meckling Theory of the firm: Managerial behavior, agency costs, and ownership Structure Journal of Financial Economics 3 1976 305-360
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, M.2
  • 8
    • 84993908989 scopus 로고
    • Top-management compensation and capital structure
    • T.A. John K. John Top-management compensation and capital structure Journal of Finance 48 1993 949-974
    • (1993) Journal of Finance , vol.48 , pp. 949-974
    • John, T.A.1    John, K.2
  • 10
    • 0041412312 scopus 로고
    • Corporate performance and managerial remuneration: An empirical analysis
    • K. Murphy Corporate performance and managerial remuneration: An empirical analysis Journal of Accounting and Economics 8 1985 11-42
    • (1985) Journal of Accounting and Economics , vol.8 , pp. 11-42
    • Murphy, K.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.