The DOI matches its Crossref record; 3 of the 3 references it cites were found in a registry or an index.
The CEO pay slice
Open accessOverview
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
Claims other papers make about this one
Each is checked against this paper’s own text: does it say what the citing paper says it does?
CPS represents CEO power, which has been found to have a negative effect on the monitoring power of boards, accounting profitability and stock returns.
“Also, the CPS represents CEO power, which has been found to have a negative effect on the monitoring power of boards (Pathan 2009), accounting profitability and stock returns (Bebchuk et al. 2011).”
From Bank failure prediction: corporate governance and financial indicators (2023) · cites this paper as Bebchuk et al. 2011
Citations
Cites
Corporate Governance and Equity Prices
Gompers, P., Ishii, J., & Metrick, A. (2003) · The Quarterly Journal of Economics · doi:10.1162/00335530360535162 · Cited by 6,120
What Matters in Corporate Governance?
Bebchuk, L., Cohen, A., & Ferrell, A. (2009) · Review of Financial Studies · doi:10.1093/rfs/hhn099 · Cited by 2,906
Self-citationChatterjee, A., & Hambrick, D. C. (2007) · Administrative Science Quarterly · doi:10.2189/asqu.52.3.351 · Cited by 2,074
Flagged first, then by citations
Research works printed but not linked: 43
- Adams, 2005, Powerful CEOs and their impact on corporate performance, Review of Financial Studies, 18, 1403, 10.1093/rfs/hhi030 · DOI
- Aggarwal, 2003, Performance incentives within firms: the effect of managerial responsibility, Journal of Finance, 58, 1613, 10.1111/1540-6261.00579 · DOI
- Amit, 2006, How do family ownership, control and management affect firm value?, Journal of Financial Economics, 80, 385, 10.1016/j.jfineco.2004.12.005 · DOI
- Bainbridge, 2002, Why a board? Group decision making in corporate governance, Vanderbilt Law Review, 55, 1
- Bebchuk, 2005, The cost of entrenched boards, Journal of Financial Economics, 78, 409, 10.1016/j.jfineco.2004.12.006 · DOI · Paper page
- Bebchuk, L.A., Cremers, M., Peyer, U., 2007. CEO centrality. Discussion paper no. 13701. National Bureau of Economic Research, Cambridge, MA. · DOI
- Bebchuk, 2005, The growth in executive pay, Oxford Review of Economic Policy, 21, 283, 10.1093/oxrep/gri017 · DOI
- Bebchuk, 2010, Lucky CEOs and lucky directors, Journal of Finance, 65, 2363, 10.1111/j.1540-6261.2010.01618.x · DOI
- Bertrand, 2003, Managing with style: the effect of managers on firm policies, Quarterly Journal of Economics, 118, 1169, 10.1162/003355303322552775 · DOI
- Bizjak, 2009, Option backdating and board interlocks, Review of Financial Studies, 22, 4821, 10.1093/rfs/hhn120 · DOI
- Brill, 1993, Stock ownership guidelines for executives, Corporate Executive, 381
- Chang, 2010, CEO ability, pay, and firm performance, Management Science, 56, 1633, 10.1287/mnsc.1100.1205 · DOI
- Cook, 1990, How much stock should management own?, Compensation and Benefits Review, 20, 10.1177/088636879002200503 · DOI
- Cremers, 2005, Governance mechanisms and equity prices, Journal of Finance, 60, 2859, 10.1111/j.1540-6261.2005.00819.x · DOI · Paper page
- Demsetz, 1985, The structure of corporate ownership: causes and consequences, Journal of Political Economy, 93, 1155, 10.1086/261354 · DOI
- Dlugosz, 2006, Large blocks of stock: prevalence, size, and measurement, Journal of Corporate Finance, 12, 594, 10.1016/j.jcorpfin.2005.04.002 · DOI
- Frydman, 2010, Executive compensation: a new view from a long-run perspective, Review of Financial Studies, 23, 2099, 10.1093/rfs/hhp120 · DOI
- Hayward, 1997, Explaining the premiums paid for large acquisitions: evidence of CEO hubris, Administrative Science Quarterly, 42, 103, 10.2307/2393810 · DOI
- Heron, 2009, What fraction of stock option grants to top executives have been backdated or manipulated?, Management Science, 55, 513, 10.1287/mnsc.1080.0958 · DOI
- Jenter, D., Kanaan F., 2006. CEO Turnover and Relative Performance Evaluation, Unpublished working paper. MIT Sloan School of Management, Cambridge, MA. · DOI
- Kale, 2009, Rank order tournament and incentive alignment: the effect on firm performance, Journal of Finance, 64, 1479, 10.1111/j.1540-6261.2009.01470.x · DOI
- Kaplan, S.N., Minton, B., 2006. How has CEO turnover changed? Increasingly performance sensitive boards and increasingly uneasy CEOs. Unpublished working paper 12465. National Bureau of Economic Research, Cambridge, MA. · DOI
- Kaplan, 1997, Do investment-cash flow sensitivities provide useful measures of financing constraints?, Quarterly Journal of Economics, 112, 169, 10.1162/003355397555163 · DOI
- Lang, 1994, Tobin's q, corporate diversification, and firm performance, Journal of Political Economy, 102, 1248, 10.1086/261970 · DOI
- Lang, 1991, A test of the free cash flow hypothesis: the case of bidder returns, Journal of Financial Economics, 29, 315, 10.1016/0304-405X(91)90005-5 · DOI
- Lie, 2005, On the timing of CEO stock option awards, Management Science, 51, 802, 10.1287/mnsc.1050.0365 · DOI
- Malmendier, 2009, Superstar CEOs, Quarterly Journal of Economics, 124, 1593, 10.1162/qjec.2009.124.4.1593 · DOI
- Masulis, 2007, Corporate governance and acquirer returns, Journal of Finance, 62, 1851, 10.1111/j.1540-6261.2007.01259.x · DOI
- McConnell, 1990, Additional evidence on equity ownership and corporate value, Journal of Financial Economics, 27, 595, 10.1016/0304-405X(90)90069-C · DOI
- Moeller, 2005, Wealth destruction on a massive scale? A study of acquiring-firm returns in the recent merger wave, Journal of Finance, 60, 757, 10.1111/j.1540-6261.2005.00745.x · DOI
- Morck, 1988, Management ownership and market valuation: an empirical analysis, Journal of Financial Economics, 20, 293, 10.1016/0304-405X(88)90048-7 · DOI
- Morck, 1989, Alternative mechanisms for corporate control, American Economic Review, 7, 842
- Morck, 1990, Do managerial objectives drive bad acquisitions?, Journal of Finance, 45, 31, 10.2307/2328808 · DOI
- Murphy, 1999, Executive compensation, vol. 3b, 2485
- Murphy, 2002, Explaining executive compensation: managerial power versus the perceived cost of stock options, University of Chicago Law Review, 69, 847, 10.2307/1600633 · DOI
- Murphy, K.J., Zabojnik, J., 2007. Managerial capital and the market for CEOs. Unpublished working paper. University of Southern California, Los Angeles, CA. · DOI
- Parrino, 1997, CEO turnover and outside succession. A cross-sectional analysis, Journal of Financial Economics, 46, 165, 10.1016/S0304-405X(97)00028-7 · DOI
- Powers, 2005, Interpreting logit regressions with interaction terms: an application to the management turnover literature, Journal of Corporate Finance, 11, 504, 10.1016/j.jcorpfin.2004.08.003 · DOI
- Raheja, 2005, Determinants of board size and composition: a theory of corporate boards, Journal of Financial and Quantitative Analysis, 40, 283, 10.1017/S0022109000002313 · DOI
- Shaw, 1932, A comparison of individual and small groups in the rational solution of complex problems, American Journal of Psychology, 44, 491, 10.2307/1415351 · DOI
- Shin, H., Stulz, R.M., 2000. Firm value, risk, and growth opportunities. Unpublished working paper 7808. National Bureau of Economic Research, Cambridge, MA. · DOI
- Yermack, 1996, Higher market valuation for firms with a small board of directors, Journal of Financial Economics, 40, 185, 10.1016/0304-405X(95)00844-5 · DOI
- Yermack, 1997, Good timing: CEO stock option awards and company news announcements, Journal of Finance, 52, 449, 10.2307/2329486 · DOI
Cited by
Sorted by citations
Bank failure prediction: corporate governance and financial indicators
Alzayed, N., Eskandari, R., & Yazdifar, H. (2023) · Review of Quantitative Finance and Accounting · doi:10.1007/s11156-023-01158-z · Cited by 23
Metadata
- Authors
- Bebchuk, L. A., Cremers, K. J. M., & Peyer, U. C.
- Affiliations
- National Bureau of Economic Research (US)
- Corresponding author
- Peyer, Urs C.
- Venue
- Journal of Financial Economics
- Publisher
- Elsevier BV
- Published
- 2011-10
- Volume
- 102
- Issue
- 1
- Pages
- 199-221
- ISSN
- 0304-405X (ISSN-L)
- OpenAlex
- W3124807495
- Cited by
- 993
- References
- 3
- Citations by year
- 2026: 88 · 2025: 88 · 2024: 78 · 2023: 70 · 2022: 78 · 2021: 89 · 2020: 77 · 2019: 69 · 2018: 71 · 2017: 58 · 2016: 46 · 2015: 34 · 2014: 54 · 2013: 33 · 2012: 37
- FWCI
- 148.27
- Type
- journal article
- Language
- en
- Open access
- green
- doi.org
- Locations
- Journal of Financial Economics (publishedVersion)
- SSRN Electronic Journal (acceptedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- Topics
- Social Sciences › Economics, Econometrics and Finance › Finance › Corporate Finance and Governance
- Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Governance and Financial Management
- Social Sciences › Business, Management and Accounting › Accounting › Auditing, Earnings Management, Governance
- Keywords
- CEO pay slice, executive compensation, CEO turnover, principal-agent problem, rent extraction, firm value, Tobin's Q, accounting profitability, option grants, proxy statements
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review