Article ID Journal Published Year Pages File Type
5054887 Economic Modelling 2013 8 Pages PDF
Abstract
► We derive the formula for the cost of earning-based bonuses. ► The typical bonus plan is favorable to both shareholders and executives. ► Earnings characteristics affect the cost of earnings-based bonuses.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Executive bonus compensation when abnormal earnings and the state of the economy are correlated
Authors
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