The Effect of Risk Preferences on the Valuation and Incentives of Compensation Contracts
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More about this item
Keywords
Executive compensation; principal-agent model; prudence; risk preferences; stock-options;All these keywords.
JEL classification:
- D86 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Economics of Contract Law
- J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
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