CEO compensation incentives and corporate’s debt maturity structure: normal time versus crisis time
碩士 === 國立臺灣大學 === 國際企業學研究所 === 105 === Literature shows that the sensitivity of CEO compensation to stock return volatility (vega) increases CEO’s appetite for risk (after controlling the effect of delta). This paper extends our knowledge of the relationship between vega and firm’s riskier debt matu...
| Main Authors: | , |
|---|---|
| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2016
|
| Online Access: | http://ndltd.ncl.edu.tw/handle/8xpqsq |