Browsing by Subject "Executive compensation"
Now showing items 1-2 of 2
-
(Elsevier, 2020)A well-known prescription in corporate governance is that high-powered incentive contracts such as performance bonuses are an optimal mechanism for aligning managers with shareholders on an efficient investment policy. ...
-
(Elsevier Science publishes, 2014)We propose a model of delegated portfolio management specialized in alternative investments, i.e., those with a high-return and high-risk profile. It is shown that in this context, as a reward for risk-taking scheme is ...