Does chief executive compensation predict financial performance or inaccurate financial reporting in listed companies: A systematic review
Author
Abstract
Suggested Citation
DOI: 10.1002/cl2.1370
Download full text from publisher
References listed on IDEAS
- Burns, Natasha & Kedia, Simi, 2006. "The impact of performance-based compensation on misreporting," Journal of Financial Economics, Elsevier, vol. 79(1), pages 35-67, January.
- James Gong & Siyi Li, 2013. "CEO incentives and earnings prediction," Review of Quantitative Finance and Accounting, Springer, vol. 40(4), pages 647-674, May.
- Bradley W. Benson & Hui L. James & Jung Chul Park, 2019. "Heterogeneity in the Effect of Managerial Equity Incentives on Firm Value," The Financial Review, Eastern Finance Association, vol. 54(3), pages 583-638, August.
- Balafas, Nikolaos & Florackis, Chris, 2014. "CEO compensation and future shareholder returns: Evidence from the London Stock Exchange," Journal of Empirical Finance, Elsevier, vol. 27(C), pages 97-115.
- Handan ÇAM, 2017. "3rd International conference on social sciences & education research," Journal of Economic and Social Thought, KSP Journals, vol. 4(3), pages 352-353, Seprember.
- Edmans, Alex, 2011. "Does the stock market fully value intangibles? Employee satisfaction and equity prices," Journal of Financial Economics, Elsevier, vol. 101(3), pages 621-640, September.
- Denise M. Rousseau & Donna Beck & ByeongJo Kim & Ryan Splenda & Sarah Young, 2019. "PROTOCOL: Does executive compensation predict publicly traded firms’ financial performance or inaccurate financial reporting?," Campbell Systematic Reviews, John Wiley & Sons, vol. 15(4), December.
- Michael C. Jensen & Kevin J. Murphy, 2010.
"CEO Incentives—It's Not How Much You Pay, But How,"
Journal of Applied Corporate Finance, Morgan Stanley, vol. 22(1), pages 64-76, January.
- Michael C. Jensen & Kevin J. Murphy, 1990. "Ceo Incentives — It'S Not How Much You Pay, But How," Journal of Applied Corporate Finance, Morgan Stanley, vol. 3(3), pages 36-49, September.
- Kruse, Douglas L. & Freeman, Richard B. & Blasi, Joseph R. (ed.), 2010. "Shared Capitalism at Work," National Bureau of Economic Research Books, University of Chicago Press, number 9780226056951, June.
- Leon Zolotoy & Don O’Sullivan & Geoffrey P. Martin, 2022. "Behavioural Agency and Firm Productivity: Revisiting the Incentive Alignment Qualities of Stock Options," Journal of Management Studies, Wiley Blackwell, vol. 59(7), pages 1756-1787, November.
- Richard B. Freeman & Joseph R. Blasi & Douglas L. Kruse, 2010. "Introduction to "Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options"," NBER Chapters, in: Shared Capitalism at Work: Employee Ownership, Profit and Gain Sharing, and Broad-based Stock Options, pages 1-37, National Bureau of Economic Research, Inc.
- David Blackwell & Donna Dudney & Kathleen Farrell, 2007. "Changes in CEO compensation structure and the impact on firm performance following CEO turnover," Review of Quantitative Finance and Accounting, Springer, vol. 29(3), pages 315-338, October.
- Min-Lee Chan & Cho-Min Lin & Hsin-Yu Liang & Ming-Hua Chen, 2014. "Does Ceo Incentive Pay Improve Bank Performance? A Quantile Regression Analysis Of U.S. Commercial Banks," Annals of Financial Economics (AFE), World Scientific Publishing Co. Pte. Ltd., vol. 9(02), pages 1-28.
- Christopher S. Armstrong & Alan D. Jagolinzer & David F. Larcker, 2010. "Chief Executive Officer Equity Incentives and Accounting Irregularities," Journal of Accounting Research, Wiley Blackwell, vol. 48(2), pages 225-271, May.
- Wicherts, Jelte M. & Veldkamp, Coosje Lisabet Sterre & Augusteijn, Hilde & Bakker, Marjan & van Aert, Robbie Cornelis Maria & van Assen, Marcel A. L. M., 2016. "Degrees of freedom in planning, running, analyzing, and reporting psychological studies A checklist to avoid p-hacking," OSF Preprints umq8d, Center for Open Science.
- Shuo Wang & Yuhui Gao & Gerard Hodgkinson & Denise Rousseau & Patrick Flood, 2015. "Opening the Black Box of CSR Decision Making: A Policy-Capturing Study of Charitable Donation Decisions in China," Journal of Business Ethics, Springer, vol. 128(3), pages 665-683, May.
- Bao, May Xiaoyan & Cheng, Xiaoyan & Smith, David, 2020. "A path analysis investigation of the relationships between CEO pay ratios and firm performance mediated by employee satisfaction," Advances in accounting, Elsevier, vol. 48(C).
- Ming-Yuan Leon Li & Shang-En Shine Yu, 2011. "Do large firms overly use stock-based incentive compensation?," Journal of Applied Statistics, Taylor & Francis Journals, vol. 38(8), pages 1591-1606, July.
- repec:eme:mfppss:v:34:y:2008:i:8:p:524-536 is not listed on IDEAS
- Marianne Bertrand & Sendhil Mullainathan, 2001. "Are CEOs Rewarded for Luck? The Ones Without Principals Are," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(3), pages 901-932.
- Amzaleg, Yaron & Azar, Ofer H. & Ben-Zion, Uri & Rosenfeld, Ahron, 2014. "CEO control, corporate performance and pay-performance sensitivity," Journal of Economic Behavior & Organization, Elsevier, vol. 106(C), pages 166-174.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Tando O. Siwendu & Cosmas M. Ambe, 2024. "A Systematic Literature Review on Transparency in Executive Remuneration Disclosures and Their Determinants," JRFM, MDPI, vol. 17(10), pages 1-15, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Yixi Ning & Chien-Ping Chen & Yingxu Kuang, 2024. "The relative CEO to employee pay for luck," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 48(3), pages 924-946, September.
- Chang, Millicent & Watson, Iain, 2015. "Delayed disclosure of insider trades: Incentives for and indicators of future performance?," Pacific-Basin Finance Journal, Elsevier, vol. 35(PA), pages 182-197.
- Clement Olalekan Olaniyi & Olaolu Richard Olayeni, 2020. "A new perspective into the relationship between CEO pay and firm performance: evidence from Nigeria’s listed firms," Journal of Social and Economic Development, Springer;Institute for Social and Economic Change, vol. 22(2), pages 250-277, December.
- Jeff Boone & Inder Khurana & K. Raman, 2011. "Investor pricing of CEO equity incentives," Review of Quantitative Finance and Accounting, Springer, vol. 36(3), pages 417-435, April.
- Katherine Guthrie & Illoong Kwon & Jan Sokolowsky, 2017. "What Does CEOs’ Pay-for-Performance Reveal About Shareholders’ Attitude Toward Earnings Overstatements?," Journal of Business Ethics, Springer, vol. 146(2), pages 419-450, December.
- Gill, David & Prowse, Victoria & Vlassopoulos, Michael, 2013.
"Cheating in the workplace: An experimental study of the impact of bonuses and productivity,"
Journal of Economic Behavior & Organization, Elsevier, vol. 96(C), pages 120-134.
- Gill, David & Prowse, Victoria L. & Vlassopoulos, Michael, 2012. "Cheating in the Workplace: An Experimental Study of the Impact of Bonuses and Productivity," IZA Discussion Papers 6725, Institute of Labor Economics (IZA).
- David Gill & Victoria Prowse & Michael Vlassopoulos, 2013. "Cheating in the workplace: An experimental study of the impact of bonuses and productivity," Economics Series Working Papers 666, University of Oxford, Department of Economics.
- Gill, David & Prowse, Victoria & Vlassopoulos, Michael, 2013. "Cheating in the workplace: An experimental study of the impact of bonuses and productivity," MPRA Paper 50166, University Library of Munich, Germany.
- Carlos Jiménez-Angueira & Nathan Stuart, 2015. "Relative performance evaluation, pay-for-luck, and double-dipping in CEO compensation," Review of Quantitative Finance and Accounting, Springer, vol. 44(4), pages 701-732, May.
- Ansgar Richter & Susanne Schrader, 2017. "Levels of Employee Share Ownership and the Performance of Listed Companies in Europe," British Journal of Industrial Relations, London School of Economics, vol. 55(2), pages 396-420, June.
- Alex Bryson & Lucy Stokes & David Wilkinson, 2023.
"Is pupil attainment higher in well-managed schools?,"
Education Economics, Taylor & Francis Journals, vol. 31(1), pages 129-144, January.
- Alex Bryson & Lucy Stokes & David Wilkinson, 2018. "Is Pupil Attainment Higher in Well-managed Schools?," DoQSS Working Papers 18-09, Quantitative Social Science - UCL Social Research Institute, University College London.
- Bryson, Alex & Stokes, Lucy & Wilkinson, David, 2018. "Is Pupil Attainment Higher in Well-Managed Schools?," IZA Discussion Papers 11969, Institute of Labor Economics (IZA).
- Nicolas Aubert & Xavier Hollandts, 2015. "How Shared Capitalism Affects Employee Withdrawal: An Econometric Case Study Of A French-Listed Company," Post-Print halshs-01256759, HAL.
- Ahmed, Shaker & Ranta, Mikko & Vähämaa, Emilia & Vähämaa, Sami, 2023. "Facial attractiveness and CEO compensation: Evidence from the banking industry," Journal of Economics and Business, Elsevier, vol. 123(C).
- Carola Frydman & Dirk Jenter, 2010.
"CEO Compensation,"
Annual Review of Financial Economics, Annual Reviews, vol. 2(1), pages 75-102, December.
- Frydman, Carola & Jenter, Dirk, 2010. "CEO Compensation," Research Papers 2069, Stanford University, Graduate School of Business.
- Carola Frydman & Dirk Jenter, 2010. "CEO Compensation," NBER Working Papers 16585, National Bureau of Economic Research, Inc.
- Carola Frydman & Dirk Jenter, 2010. "CEO Compensation," CESifo Working Paper Series 3277, CESifo.
- Petri Böckerman & Alex Bryson & Pekka Ilmakunnas, 2013.
"Does high involvement management lead to higher pay?,"
Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 176(4), pages 861-885, October.
- Dr Alex Bryson, 2011. "Does High Involvement Management Lead to Higher Pay?," National Institute of Economic and Social Research (NIESR) Discussion Papers 376, National Institute of Economic and Social Research.
- Böckerman, Petri & Bryson, Alex & Ilmakunnas, Pekka, 2011. "Does high involvement management lead to higher pay?," MPRA Paper 28711, University Library of Munich, Germany.
- Petri Böckerman & Alex Bryson & Pekka Ilmakunnas, 2012. "Does High Involvement Management Lead to Higher Pay?," Working Papers 1285, Tampere University, Faculty of Management and Business, Economics.
- Böckerman, Petri & Bryson, Alex & Ilmakunnas, Pekka, 2011. "Does high involvement management lead to higher pay?," LSE Research Online Documents on Economics 38575, London School of Economics and Political Science, LSE Library.
- Alex Bryson & Petri Böckerman & Pekka Ilmakunnas, 2011. "Does High Involvement Management Lead to Higher Pay?," CEP Discussion Papers dp1046, Centre for Economic Performance, LSE.
- Bryson, Alex & Clark, Andrew E. & Freeman, Richard B. & Green, Colin P., 2016.
"Share capitalism and worker wellbeing,"
Labour Economics, Elsevier, vol. 42(C), pages 151-158.
- Bryson, Alex & Clark, Andrew E. & Freeman, Richard B. & Green, Colin P., 2014. "Share Capitalism and Worker Wellbeing," IZA Discussion Papers 8724, Institute of Labor Economics (IZA).
- Alex Bryson & Andrew E. Clark & Colin P. Green & Richard Freeman, 2016. "Share capitalism and worker wellbeing," PSE-Ecole d'économie de Paris (Postprint) halshs-01383778, HAL.
- Bryson, Alex & Clark, Andrew E. & Freeman, Richard B. & Green, Colin P., 2015. "Share capitalism and worker wellbeing," LSE Research Online Documents on Economics 61027, London School of Economics and Political Science, LSE Library.
- Alex Bryson & Andrew E. Clark & Richard B. Freeman & Colin P. Green, 2015. "Share Capitalism and Worker Wellbeing," CEP Discussion Papers dp1329, Centre for Economic Performance, LSE.
- Alex Bryson, 2014. "Share Capitalism and Worker Wellbeing," National Institute of Economic and Social Research (NIESR) Discussion Papers 443, National Institute of Economic and Social Research.
- Alex Bryson & Andrew E. Clark & Colin P. Green & Richard Freeman, 2016. "Share capitalism and worker wellbeing," Post-Print halshs-01383778, HAL.
- John S. Heywood & Uwe Jirjahn, 2014.
"Variable Pay, Industrial Relations and Foreign Ownership: Evidence from Germany,"
British Journal of Industrial Relations, London School of Economics, vol. 52(3), pages 521-552, September.
- John S. Heywood & Uwe Jirjahn, 2011. "Variable Pay, Industrial Relations and Foreign Ownership: Evidence from Germany," Research Papers in Economics 2011-05, University of Trier, Department of Economics.
- Jirjahn, Uwe & Heywood, John S., 2013. "Variable Pay, Industrial Relations and Foreign Ownership: Evidence from Germany," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 79829, Verein für Socialpolitik / German Economic Association.
- Te Bao & Edward Halim & Charles N. Noussair & Yohanes E. Riyanto, 2021. "Managerial incentives and stock price dynamics: an experimental approach," Experimental Economics, Springer;Economic Science Association, vol. 24(2), pages 617-648, June.
- Josef Schroth, 2018. "Managerial Compensation and Stock Price Manipulation," Journal of Accounting Research, Wiley Blackwell, vol. 56(5), pages 1335-1381, December.
- Li, John, 2022. "The effect of employee satisfaction on effective corporate tax planning: Evidence from Glassdoor," Advances in accounting, Elsevier, vol. 57(C).
- Kyoung Yong Kim & Pankaj C. Patel, 2021. "A Multilevel Contingency Model of Employee Ownership and Firm Productivity: The Moderating Roles of Industry Growth and Instability," Organization Science, INFORMS, vol. 32(3), pages 625-648, May.
- Uwe Jirjahn & Jens Mohrenweiser, 2019.
"Performance Pay and Applicant Screening,"
British Journal of Industrial Relations, London School of Economics, vol. 57(3), pages 540-575, September.
- Uwe Jirjahn & Jens Mohrenweiser, 2015. "Performance Pay and Applicant Screening," Research Papers in Economics 2015-11, University of Trier, Department of Economics.
- Jirjahn, Uwe & Mohrenweiser, Jens, 2017. "Performance Pay and Applicant Screening," IZA Discussion Papers 10643, Institute of Labor Economics (IZA).
- Jirjahn, Uwe & Mohrenweiser, Jens, 2017. "Performance Pay and Applicant Screening," GLO Discussion Paper Series 47, Global Labor Organization (GLO).
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:camsys:v:19:y:2023:i:4:n:e1370. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1111/(ISSN)1891-1803 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.