BACKGROUND Whiplash is a common problem, particularly following motor vehicle accidents and may have significant sequelae in terms of disability and financial compensation. Recent research has demonstrated that a number of commonplace medical practices as well as the compensation system may lead to unfavourable outcomes. OBJECTIVE This article discusses recent research into whiplash and its i...

Changes in malpractice law remain an important goal of health care reform. Many state and federal legislators continue to call for measures that would limit the ability of injured patients to sue. There is also growing interest in alternatives to fault-based litigation. As legislators consider no-fault proposals, they can look to Florida's experience with the Neurological Injury Compensation As...

We examine the association between a firm’s ex ante risk of financial distress and the compensation and incentives provided to newly hired CEOs. Our findings are as follows. First, new CEOs at firms with higher bankruptcy risk receive substantially less compensation than new CEOs at low-risk firms. Second, while pay-performance sensitivity is higher for new CEOs at high-risk firms, the semi-ela...

Hedging in Commodity Procurement Masha Shunko Tepper School of Business, Carnegie Mellon University, Pittsburgh, PA 15217, [email protected] Laurens Debo Graduate School of Business, University of Chicago, Chicago, IL 60637, [email protected] Lin Nan Tepper School of Business, Carnegie Mellon University, Pittsburgh, PA 15217, [email protected] Nicola Secomandi Tepper School of Busin...

Bank executives’ compensation has been widely identified as a culprit in the Global Financial Crisis, and reform of banker pay is high on the public policy agenda. While Congress targeted its reforms primarily at bankers’ equity-based pay incentives, empirical research fails to show any correlation between bank CEO equity incentives and bank performance in the Financial Crisis. We offer an alte...

The purpose of research is to learn more about how different types compensations effect on employee performance in financial institutions. In addition, the connection between compensation and also examined. 117 employees various Commercial Banks based at Sukkur were given structured questionnaire implore data salaries/wages, bonuses/incentives & indirect employee’s performance. Different st...

Financial misrepresentation has serious, detrimental economic and social impacts. We present hypotheses regarding the factors that incline a firm to misrepresent its finances. Using a matched sample design, we find that three factors increase a firm’s probability of misrepresenting its financial position: performance below its industry’s average performance, performance significantly above its ...