Soaring executive compensation during the past two decades has sparked an interest in CEO and other top management pay. We add a long-term perspective to this trend by constructing the first panel dataset to follow the compensation of top executives in large firms from 1936 to the present. The average real value of total compensation experienced three distinct phases: a sharp decline during Wor...

Building construction projects appear to have higher accident rates. Contractors procure workers’ compensation insurance (WCI) to transfer these risks to insurance companies. The commitment of insurers under WCI is extremely broad; there are no exclusions and ceilings on their liabilities. They must quote adequate premiums to cover future risks. Yet, the prices should be low enough to penetrate...

Background. Athletes’ performance in sporting events is influenced by several factors. One of them is how fair the compensation system is implemented. The proper compensation will motivate the athlete to perform better. Otherwise, it will be a loss for the team. Objectives. The purpose of this study was to determine the effect of compensation on the sports achievements of South Sulawesi athlet...

This paper theoretically and empirically investigates the role of CEO career concerns on accruals based and real activities earnings management. We develop a model of earnings management, rooted in career concerns, that alternatively incorporates the features of the accrual accounting performance measurement system and the negative value-destroying effects of real activities earnings management...