Is there fire? Executive compensation and employee attitudes

Where there is smoke, there is fire.

The ankle-brachial index (ABI), a ratio of systolic blood pressure measured at the ankle and the brachial artery, is a simple noninvasive screening test used to diagnose peripheral arterial disease (PAD). PAD affects over 12 million people in the United States and its prevalence increases with increasing age (1,2). Patients with an abnormal ABI, defined as 0.90 or 1.40, are at increased risk of...

Share Repurchases and Employee Compensation

This paper focuses on the agency problem derived from the con‡ict of interest between employees and shareholders. I show that if employees are compensated with restricted stock or stock options, shareholders may engage in opportunistic share repurchases. Equityholders have an incentive to buy back stock after employment contracts have been signed because repurchases increase compensation sensit...

If there's smoke, is there fire?

As we read through the medical literature, we are always looking for the “hottest” new advances (jumping right into the smoke/fire analogy thing): basic science that gives us new mechanistic insights, clinical trials that confirm or reject our so-called insights, major new diagnostic and therapeutic options, and breakthrough technology. We are a lot like forest rangers, sitting up on a platform...

executive compensation and firm performance: shareholders perspective

this study addresses executive compensation from shareholders perspective by empirically examining the effects of chief executive officer (ceo) compensation on firm performance subsequent to the year of compensation. three factors of ceo compensation are examined, size, total annual compensation; form percentage of total compensation comprised of cash, cash bonuses and stock; and sensitivity. t...

Mitochondrial DNA damage, oxidative stress, and atherosclerosis: where there is smoke there is not always fire.