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Cited by 536

The DOI matches its Crossref record; 5 of the 5 references it cites were found in a registry or an index.

Flights of fancy: Corporate jets, CEO perquisites, and inferior shareholder returns

Open access
Yermack, David·2006·Journal of Financial Economics

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Citations

Cites

Show all 5 references

Research works printed but not linked: 20

  1. Borokhovich, 1997, CEO contracting and antitakeover amendments, Journal of Finance, 52, 1495, 10.2307/2329444 · DOI
  2. Brickley, 1986, Interpreting common stock returns around proxy statement disclosures and annual shareholder meetings, Journal of Financial and Quantitative Analysis, 21, 343, 10.2307/2331047 · doi:10.2307/2331047
  3. Brickley, 1985, The impact of long-range managerial compensation plans on shareholder wealth, Journal of Accounting and Economics, 7, 115, 10.1016/0165-4101(85)90031-X · doi:10.1016/0165-4101(85)90031-x
  4. Carley, 1997, Despite a safe record, corporate jets have higher fatality rates, The Wall Street Journal, April, 18, A1
  5. Core, 1999, The use of equity grants to manage optimal equity incentive levels, Journal of Accounting and Economics, 28, 151, 10.1016/S0165-4101(99)00019-1 · DOI · Paper page
  6. Fama, 1980, Agency problems and the theory of the firm, Journal of Political Economy, 88, 288, 10.1086/260866 · DOI · Paper page
  7. Fama, 1973, Risk, return, and equilibrium: empirical tests, Journal of Political Economy, 81, 607, 10.1086/260061 · DOI · Paper page
  8. Fich, E., Shivdasani, A., 2005. The impact of stock-option compensation for outside directors on firm value. Journal of Business, forthcoming. · DOI
  9. Hall, 1998, Are CEOs really paid like bureaucrats?, Quarterly Journal of Economics, 93, 653, 10.1162/003355398555702 · DOI · Paper page
  10. Hersch, 1992, Separation of ownership from control and the demand for corporate aircraft, Journal of Economics and Business, 44, 223, 10.1016/S0148-6195(05)80014-1 · doi:10.1016/s0148-6195(05)80014-1
  11. Jensen, 1986, Agency costs of free cash flow, corporate finance, and takeovers, American Economic Review, 76, 323
  12. Jensen, 1976, Theory of the firm: managerial behavior, agency costs, and ownership structure, Journal of Financial Economics, 3, 360, 10.1016/0304-405X(76)90026-X · DOI · Paper page
  13. Lambert, 1985, Golden parachutes, executive decision-making, and shareholder wealth, Journal of Accounting and Economics, 7, 179, 10.1016/0165-4101(85)90036-9 · DOI · Paper page
  14. Lublin, 2005, The view from the top, The Wall Street Journal, January, 24, R6
  15. Maremont, 2005, Amid crackdown, the jet perk suddenly looks a lot pricier, The Wall Street Journal, May, 25, A1
  16. Maynard, 2001, Corporate planes: Perks or necessities?, The New York Times, September, 23, 3:6
  17. Mørck, 1988, Management ownership and market valuation: an empirical analysis, Journal of Financial Economics, 20, 293, 10.1016/0304-405X(88)90048-7 · DOI · Paper page
  18. Persons, 1994, Renegotiation and the impossibility of optimal investment, Review of Financial Studies, 7, 419, 10.1093/rfs/7.2.419 · DOI
  19. Rajan, R., Wulf, J., 2005. Are perks purely managerial excess? Journal of Financial Economics, forthcoming. · doi:10.3386/w10494
  20. Solomon, 2005, In SEC complaint, tale of chicken mogul feathering his nest, The Wall Street Journal, April, 29, A1

Cited by

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Metadata

Authors
Yermack, D.
Venue
Journal of Financial Economics
Publisher
Elsevier BV
Published
2006-04
Volume
80
Issue
1
Pages
211-242
ISSN
0304-405X (ISSN-L)
OpenAlex
W3122105346
Cited by
536
References
5
FWCI
58.98
Type
journal article
Language
en
Open access
green
Licence
www.elsevier.com/tdm/userlicense/1.0/ (tdm)

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CoChat. (2026). Citation check: Flights of fancy: Corporate jets, CEO perquisites, and inferior shareholder returns. https://app.cochat.ai/papers/10.1016/j.jfineco.2005.05.002
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Yermack, D. (2006). Flights of fancy: Corporate jets, CEO perquisites, and inferior shareholder returns. Journal of Financial Economics. https://doi.org/10.1016/j.jfineco.2005.05.002

Data sources

Bibliographic data: Semantic Scholar, OpenAlex, Crossref.

Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.