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Introducing convexity into optimal compensation contracts

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  • Hemmer, Thomas
  • Kim, Oliver
  • Verrecchia, Robert E.
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  • Hemmer, Thomas & Kim, Oliver & Verrecchia, Robert E., 1999. "Introducing convexity into optimal compensation contracts," Journal of Accounting and Economics, Elsevier, vol. 28(3), pages 307-327, December.
    • Handle: RePEc:eee:jaecon:v:28:y:1999:i:3:p:307-327
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    References listed on IDEAS

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    1. Lambert, Richard A. & Lanen, William N. & Larcker, David F., 1989. "Executive Stock Option Plans and Corporate Dividend Policy," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 24(4), pages 409-425, December.
    2. Matsunaga, S & Shevlin, T & Shores, D, 1992. "Disqualifying Dispositions Of Incentive Stock-Options - Tax Benefits Versus Financial-Reporting Costs," Journal of Accounting Research, Wiley Blackwell, vol. 30, pages 37-68.
    3. Bengt Holmstrom, 1979. "Moral Hazard and Observability," Bell Journal of Economics, The RAND Corporation, vol. 10(1), pages 74-91, Spring.
    4. Jewitt, Ian, 1988. "Justifying the First-Order Approach to Principal-Agent Problems," Econometrica, Econometric Society, vol. 56(5), pages 1177-1190, September.
    5. Larcker, Df, 1992. "Disqualifying Dispositions Of Incentive Stock-Options - Tax Benefits Vs Financial-Reporting Costs - Discussion," Journal of Accounting Research, Wiley Blackwell, vol. 30, pages 69-76.
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