Yesterday's Heroes: Compensation and Creative Risk-Taking
收藏NBER2010-07-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w16176
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资源简介：
We study the relationship between compensation and risk-taking among finance firms using a neglected insight from principal-agent contracting with hidden action and risk-averse agents. If the sensitivity of pay to stock price or slope does not vary with stock price volatility, then total
提供机构：
美国国家经济研究局
创建时间：
2010-07-01
