메뉴 건너뛰기




Volumn 50, Issue 4, 2004, Pages 369-382

Executive compensation and earnings persistence

Author keywords

Executive compensation; Executive persistence

Indexed keywords


EID: 4043158493     PISSN: 01674544     EISSN: None     Source Type: Journal    
DOI: 10.1023/B:BUSI.0000025031.81884.ed     Document Type: Article
Times cited : (18)

References (38)
  • 1
    • 0346126049 scopus 로고
    • The incremental information content of earnings, working capital form operations, and cash flows
    • Ali, A. (1994, 'The Incremental Information Content of Earnings, Working Capital Form Operations, and Cash Flows', Journal of Accounting Research 32, 61-74.
    • (1994) Journal of Accounting Research , vol.32 , pp. 61-74
    • Ali, A.1
  • 2
    • 0033236336 scopus 로고    scopus 로고
    • The explanatory power of earnings levels vs. earnings changes in the context of executive compensation
    • Baber, W., S. Kang and K. Kumar: 1999, 'The Explanatory Power of Earnings Levels vs. Earnings Changes in the Context of Executive Compensation', Journal of Accounting Research 74, 459-472.
    • (1999) Journal of Accounting Research , vol.74 , pp. 459-472
    • Baber, W.1    Kang, S.2    Kumar, K.3
  • 3
    • 0032571947 scopus 로고    scopus 로고
    • Accounting earnings and executive compensation: The role of earnings persistence
    • Baber, W. R., S. Kang and K. Kumar: 1998, 'Accounting Earnings and Executive Compensation: The Role of Earnings Persistence', Journal of Accounting and Economics 25, 169-193.
    • (1998) Journal of Accounting and Economics , vol.25 , pp. 169-193
    • Baber, W.R.1    Kang, S.2    Kumar, K.3
  • 4
    • 0033422989 scopus 로고    scopus 로고
    • The relationship between economic characteristics and alternative annual earnings persistence measures
    • Baginski, S., K. Lorek, G. Willinger and B. Branson: 1999, 'The Relationship Between Economic Characteristics and Alternative Annual Earnings Persistence Measures', The Accounting Review 74, 105-120.
    • (1999) The Accounting Review , vol.74 , pp. 105-120
    • Baginski, S.1    Lorek, K.2    Willinger, G.3    Branson, B.4
  • 5
    • 0007121006 scopus 로고    scopus 로고
    • Discretionary accounting choices and CEO compensation
    • Balsam, S.: 1998, 'Discretionary Accounting Choices and CEO Compensation', Contemporary Accounting Research 15, 229-252.
    • (1998) Contemporary Accounting Research , vol.15 , pp. 229-252
    • Balsam, S.1
  • 6
    • 0035217309 scopus 로고    scopus 로고
    • Accrual and the prediction of future cash flows
    • Barth, M., D. Cram and K. Nelson: 2001, 'Accrual and the Prediction of Future Cash Flows', The Accounting Review 76, 27-58.
    • (2001) The Accounting Review , vol.76 , pp. 27-58
    • Barth, M.1    Cram, D.2    Nelson, K.3
  • 8
    • 0030097624 scopus 로고    scopus 로고
    • Earnings permanence and the incremental information content of cash flow from operations
    • Cheng, A., C. Liu and T. Schaefer: 1996, 'Earnings Permanence and the Incremental Information Content of Cash Flow from Operations', Journal of Accounting Research 34, 173-181.
    • (1996) Journal of Accounting Research , vol.34 , pp. 173-181
    • Cheng, A.1    Liu, C.2    Schaefer, T.3
  • 9
    • 4043108906 scopus 로고    scopus 로고
    • Accounting accruals and the information content of earnings and cash flows from operations
    • Cheng, A., C. Liu and T. Schaefer: 1997, 'Accounting Accruals and the Information Content of Earnings and Cash Flows from Operations', Advances in Accounting 15, 101-124.
    • (1997) Advances in Accounting , vol.15 , pp. 101-124
    • Cheng, A.1    Liu, C.2    Schaefer, T.3
  • 11
    • 0010690266 scopus 로고
    • An analysis of intertemporal and cross-sectional determinants of earnings response coefficients
    • Collins, D. and S. Kothari: 1989, 'An Analysis of Intertemporal and Cross-Sectional Determinants of Earnings Response Coefficients', Journal of Accounting and Economics 11, 143-182.
    • (1989) Journal of Accounting and Economics , vol.11 , pp. 143-182
    • Collins, D.1    Kothari, S.2
  • 12
    • 46549097378 scopus 로고
    • Executive compensation, management turnover, and firm performance: An empirical investigation
    • Coughlan, A. and R. Schmidt: 1985, 'Executive Compensation, Management Turnover, and Firm Performance: An Empirical Investigation', Journal of Accounting and Economics 7, 43-66.
    • (1985) Journal of Accounting and Economics , vol.7 , pp. 43-66
    • Coughlan, A.1    Schmidt, R.2
  • 13
    • 21344482592 scopus 로고
    • The effect of restructuring charges on executives' cash compensation
    • Dechow, P., M. Huston and R. Sloan: 1994, 'The Effect of Restructuring Charges on Executives' Cash Compensation', The Accounting Review 69, 138-156.
    • (1994) The Accounting Review , vol.69 , pp. 138-156
    • Dechow, P.1    Huston, M.2    Sloan, R.3
  • 15
    • 45149145986 scopus 로고
    • Cross sectional variation in the stock market response to accounting earnings announcements
    • Easton, P. and M. Zmijewski: 1989, 'Cross Sectional Variation in the Stock Market Response to Accounting Earnings Announcements', Journal of Accounting and Economics 11, 117-142.
    • (1989) Journal of Accounting and Economics , vol.11 , pp. 117-142
    • Easton, P.1    Zmijewski, M.2
  • 16
    • 21844507903 scopus 로고
    • The ability of earnings to predict future earnings and cash flow
    • Finger, C. A.: 1994, 'The Ability of Earnings to Predict Future Earnings and Cash Flow', Journal of Accounting Research 32, 210-223.
    • (1994) Journal of Accounting Research , vol.32 , pp. 210-223
    • Finger, C.A.1
  • 18
    • 21844503086 scopus 로고
    • Compensation policy and the investment opportunity set
    • Gaver, J. J. and K. M. Gaver: 1995, 'Compensation Policy and the Investment Opportunity Set', Financial Management 24, 19-32.
    • (1995) Financial Management , vol.24 , pp. 19-32
    • Gaver, J.J.1    Gaver, K.M.2
  • 19
    • 43949176471 scopus 로고
    • Additional evidence on the association between the investment opportunity set and corporate financing, dividend, and compensation policies
    • Gaver, J. J. and K. M. Gaver: 1993, 'Additional Evidence on the Association Between the Investment Opportunity Set and Corporate Financing, Dividend, and Compensation Policies', Journal of Accounting and Economics 16, 125-160.
    • (1993) Journal of Accounting and Economics , vol.16 , pp. 125-160
    • Gaver, J.J.1    Gaver, K.M.2
  • 20
    • 84897711429 scopus 로고
    • Optimal incentive contracts in the presence of career concerns: Theory and evidence
    • Gibbons, R. and K. Murphy: 1992, 'Optimal Incentive Contracts in the Presence of Career Concerns: Theory and Evidence', The Journal of Political Economy 100, 468-505.
    • (1992) The Journal of Political Economy , vol.100 , pp. 468-505
    • Gibbons, R.1    Murphy, K.2
  • 21
    • 0001574630 scopus 로고    scopus 로고
    • A review of the earnings management literature and its implications for standard setting
    • Healy, P. M. and J. M. Wahlen: 1999, 'A Review of the Earnings Management Literature and Its Implications for Standard Setting', Accounting Horizons (December), 365-383.
    • (1999) Accounting Horizons , Issue.DECEMBER , pp. 365-383
    • Healy, P.M.1    Wahlen, J.M.2
  • 22
    • 84936016411 scopus 로고
    • Performance pay and top-management incentives
    • Jensen, M. and K. Murphy: 1990, 'Performance Pay and Top-Management Incentives', Journal of Political Economy 98, 225-264.
    • (1990) Journal of Political Economy , vol.98 , pp. 225-264
    • Jensen, M.1    Murphy, K.2
  • 23
    • 0001849066 scopus 로고
    • An analysis of the use of accounting and market measures of performance in executive compensation contracts
    • Lambert, R. and D. Larcker: 1987, 'An Analysis of the Use of Accounting and Market Measures of Performance in Executive Compensation Contracts', Journal of Accounting Research 25, 85-129.
    • (1987) Journal of Accounting Research , vol.25 , pp. 85-129
    • Lambert, R.1    Larcker, D.2
  • 24
    • 0002186763 scopus 로고
    • Some economic determinates of time-series properties of earnings
    • Lev, B.: 1983, 'Some Economic Determinates of Time-Series Properties of Earnings', Journal of Accounting and Economics 5, 31-48.
    • (1983) Journal of Accounting and Economics , vol.5 , pp. 31-48
    • Lev, B.1
  • 25
    • 0003132738 scopus 로고
    • Mean reversion in annual earnings and its implications for security valuation
    • Lipe, R. and R. Kormendi: 1994, 'Mean Reversion in Annual Earnings and Its Implications for Security Valuation', Review of Quantitative Finance and Accounting 4, 27-46.
    • (1994) Review of Quantitative Finance and Accounting , vol.4 , pp. 27-46
    • Lipe, R.1    Kormendi, R.2
  • 26
    • 0036017575 scopus 로고    scopus 로고
    • How naive is the market's use of firm-specific earnings information?
    • Mendenhall, R.: 2002, 'How Naive is the Market's Use of Firm-Specific Earnings Information?', Journal of Accounting Research 40, 841-863.
    • (2002) Journal of Accounting Research , vol.40 , pp. 841-863
    • Mendenhall, R.1
  • 27
    • 0041412312 scopus 로고
    • Corporate performance and managerial remuneration: An empirical analysis
    • Murphy, K.: 1985, 'Corporate Performance and Managerial Remuneration: An Empirical Analysis', Journal of Accounting and Economics 7, 11-42.
    • (1985) Journal of Accounting and Economics , vol.7 , pp. 11-42
    • Murphy, K.1
  • 28
    • 0030306682 scopus 로고    scopus 로고
    • Stewardship value of earnings components: Additional evidence on the determinants of executive compensation
    • Natarajan, R.: 1996, 'Stewardship Value of Earnings Components: Additional Evidence on the Determinants of Executive Compensation', The Accounting Review 71, 1-22.
    • (1996) The Accounting Review , vol.71 , pp. 1-22
    • Natarajan, R.1
  • 30
    • 84928441906 scopus 로고
    • Corporate performance and CEO turnover: The role of performance expectations
    • Puffer, S. M. and J. B. Weintrop: 1991, 'Corporate Performance and CEO Turnover: The Role of Performance Expectations', Administrative Science Quarterly 36, 1-19.
    • (1991) Administrative Science Quarterly , vol.36 , pp. 1-19
    • Puffer, S.M.1    Weintrop, J.B.2
  • 32
    • 0002878655 scopus 로고
    • Commentary on Earnings Management
    • Schipper, K.: 1989, 'Commentary on Earnings Management', Accounting Horizons (December), 91-102.
    • (1989) Accounting Horizons , Issue.DECEMBER , pp. 91-102
    • Schipper, K.1
  • 33
    • 0034336773 scopus 로고    scopus 로고
    • Strategic benchmarks in earnings announcements: The selective disclosure of prior-period earnings components
    • Schrand, C. and B. Walther: 2000, 'Strategic Benchmarks in Earnings Announcements: The Selective Disclosure of Prior-Period Earnings Components', The Accounting Review 75, 151-177.
    • (2000) The Accounting Review , vol.75 , pp. 151-177
    • Schrand, C.1    Walther, B.2
  • 34
    • 2342505938 scopus 로고
    • The investment opportunity set and corporate financing, dividend, and compensation policies
    • Smith, C. and R. Watts: 1992, 'The Investment Opportunity Set and Corporate Financing, Dividend, and Compensation Policies', Journal of Financial Economics 33, 263-392.
    • (1992) Journal of Financial Economics , vol.33 , pp. 263-392
    • Smith, C.1    Watts, R.2
  • 35
    • 0002857961 scopus 로고
    • Accounting earnings and top executive compensation
    • Sloan, R. G.: 1993, 'Accounting Earnings and Top Executive Compensation', Journal of Accounting and Economics 16, 55-100.
    • (1993) Journal of Accounting and Economics , vol.16 , pp. 55-100
    • Sloan, R.G.1
  • 36
    • 0030305172 scopus 로고    scopus 로고
    • Do stock prices fully reflect information in accruals and cash flows about future earnings?
    • Sloan, R. G.: 1996, 'Do Stock Prices Fully Reflect Information in Accruals and Cash Flows about Future Earnings?', The Accounting Review 71, 289-315.
    • (1996) The Accounting Review , vol.71 , pp. 289-315
    • Sloan, R.G.1
  • 37
    • 4043114662 scopus 로고    scopus 로고
    • Playing the dividend market
    • Teitelbaum, R.: 2003, 'Playing the Dividend Market', Fortune 146(12), 77-82.
    • (2003) Fortune , vol.146 , Issue.12 , pp. 77-82
    • Teitelbaum, R.1
  • 38
    • 0035639864 scopus 로고    scopus 로고
    • The mispricing of abnormal accruals
    • Xie, H.: 2001, 'The Mispricing of Abnormal Accruals', The Accounting Review 76, 357-373.
    • (2001) The Accounting Review , vol.76 , pp. 357-373
    • Xie, H.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.