This paper examines whether compensation committee composition affects CEO compensation
practices. We find that CEOs receive preferential treatment (at shareholders' expense) …

This paper provides evidence that forecast immediacy (FI), which is the speed with which
analysts respond to a significant change in the publicly available information set, is an ex-ante …

This article provides a residual‐income valuation framework for assessing whether fair value
disclosures required by SFAS 119, Disclosures About Derivative Financial Instruments and …

We investigate whether footnote disclosures under Statement of Financial Accounting
Standards (SFAS) No. 123 are managed in 1996, the first year that the disclosure was required. …

The Tax Reform Act of 1986 (TRA86), by causing the highest corporate tax rate for corporations
to be higher than the highest individual rate, gave corporations a tax incentive to issue …

Provides an analysis of accounting procedures for employee stock options (ESO) in the
United States, in an attempt to decipher the limitations of conceptual frameworks of accounting …

The Journal of Investing (JOI) is a scholarly journal for the financial services industry, appealing
to both the academic and practitioner audiences. The JOI offers practical analysis and …

Ho, Mozes, and Greenfield provide an analysis of the interplay between endowment spending
policy and the volatility of investments. A key feature of their analysis is a formula that …

This paper provides an upper bound to the firm's cost of employee stock options (ESOs).
The upper bound depends on the risk and return of the underlying stock and on all other …

The author starts with the observation that much of estate planning concerns itself with
navigating the shoals of the estate and gift tax systems to bring assets safely home to the client's …