منابع مشابه
Are perks purely managerial excess?
A widespread view is that executive perks exemplify agency problems—they are a route through which managers misappropriate a firm’s surplus. Accordingly, firms with high free cash flow, operating in industries with limited investment prospects, should offer more perks, and firms subject to more external monitoring should offer fewer perks. The evidence for agency as an explanation of perks is, ...
متن کاملPerks and Excess: Evidence from the New Executive Compensation Disclosure Rules*
In December 2006, the Securities and Exchange Commission issued rules requiring enhanced disclosure of perquisites to managers in public U.S. firms. We use this ruling to shed light on the role of perquisites in executive compensation. In a sample of 361 public firms that were subject to the rule, we find that firms responded to the rule by disclosing significantly larger amounts of perks. The ...
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ER stress PERKs up an miRNA B yrd et al. describe how a microRNA (miRNA) fi ne-tunes a cell's response to ER stress. When stressful conditions disrupt the ER's normal function, the cell activates an unfolded protein response (UPR) that restores the organelle's ability to fold and export proteins to the secretory pathway. The transcription factor XBP1 is a key component of the UPR that boosts ER...
متن کاملEnjoying the Perks of Model-Based Testing
Software testing demands the use of some model to guide such test tasks as selecting test inputs, validating the adequacy of tests, and gaining insight into test effectiveness. Most testers gradually build a mental model of the system under test, which would enable them to further understand and better test its many functions. Explicit models, being formal and precise representations of a teste...
متن کاملThe hidden perks of grad school.
ture is one of the biggest perks of grad school. Mining this resource was a crucial part of my first semester, when my adviser was on sabbatical and decided (wisely) that I should hold off on beginning my research until she returned. Instead, she gave me a reading list and told me to learn my way around the lab and help the other graduate students with their research so that we could hit the gr...
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ژورنال
عنوان ژورنال: Journal of Financial Economics
سال: 2006
ISSN: 0304-405X
DOI: 10.1016/j.jfineco.2005.01.003