In this article, we analyze the impact of managerial compensation structure in publicly-traded banks on their risk taking behavior described by the loans extended by them, and the changes in risk taking through the changing regulatory environment for these banks. We build a simulation model to study the impact of the interaction between regulatory changes and competitiveness in the sector on ma...

BACKGROUND Interventions to increase demand for medical male circumcision are urgently needed in eastern and southern Africa. Following promising evidence that providing economic compensation can increase male circumcision uptake in Kenya, there is a need to understand the role of this intervention in individuals' decision-making regarding circumcision and explore perceptions of the interventio...

Additional Contributions:We acknowledge Chaya Prasad, MD, Richard Ray, MD, Jason Lee, MD, and the other members of the Kaiser Permanente Northern California (KPNC) Blood Bank for facilitating access to blood bank data used in the study. We thank Cynthia Vasallo, BSN, and Linda Gliner, BSN (KPNC Department of Quality and Operation Support), for performing data quality audits and Bix Swain, MS, a...

Natural disasters are increasing in terms of numbers, intensity and related damages. Facing these extreme events, several financial instruments (public funds, catastrophe bonds, insurance policies) may help to hedge risk provided they supply emergency funding, compensation to the victimes and support to reconstruction [6]. They could be a critical asset aiming at reinforcing proactivity and res...

Pneumoconiosis is a notifiable industrial disease where a patient develops the disease, their doctor must notify their employer in writing with the patient's consent. The employer then is duty-bound to inform the local Health and Safety Executive (HSE). Pneumoconiosis is also a prescribed industrial disease. Financial compensation may be available where an individual is able to show they worked...

Pneumoconiosis is a notifiable industrial disease where a patient develops the disease, their doctor must notify their employer in writing with the patient's consent. The employer then is duty-bound to inform the local Health and Safety Executive (HSE). Pneumoconiosis is also a prescribed industrial disease. Financial compensation may be available where an individual is able to show they worked...

This paper examines the link between CEO pay and performance employing a unique, hand-collected panel data set of 390 UK non-financial firms from the FTSE All Share Index for the period 1999-2005. We include both cash (salary and bonus) and equity-based (stock options and long-term incentive plans) components of CEO compensation in our analysis of a dynamic CEO compensation model. Different fro...

in the wake of the global financial crisis. Recent indignation over seemingly exorbitant CEO compensation in the face of poor company performance have given rise to the question: Does CEO pay accurately reflect CEO ability? If so, does the CEO make a difference to company performance? Practitioners intuitively know the importance of top CEOs, however does academic research concur? Despite its e...

Because of payoff uncertainties combined with risk aversion and/or real options, farmers may demand a premium in order to adopt conservation tillage practices, over and above the compensation for the expected profit losses (if any). We propose a method of directly estimating the financial incentives for adopting conservation tillage and distinguishing between the expected payoff and premium of ...