Kim, K., Patro, S. and Pereira, R. (2017) Option Incentives, Leverage, and Risk-Taking. Journal of Corporate Finance, 43, 1-18. https://doi.org/10.1016/j.jcorpfin.2016.12.003
has been cited by the following article:
TITLE: Weakening Effect of Executive Overconfidence on Equity Incentive—The Empirical Evidence from Chinese Listed Companies
AUTHORS: Sunyu Chen
KEYWORDS: Executive Overconfidence, Equity Incentives, Risk
JOURNAL NAME: Open Journal of Business and Management, Vol.7 No.1, January 7, 2019
ABSTRACT: The paper takes Chinese listed companies from 2010 to 2016 as samples, to examine the relationship between executive overconfidence and equity incen-tive. Results show that executive overconfidence has a significant weakening effect on equity compensation incentives (including stock options and re-stricted stocks), that is, compared with rational executives, the company will reduce the equity incentives for overconfident executives.