Sticks or Carrots? Optimal CEO Compensation when Managers are Loss-Averse

Sticks or Carrots? Optimal CEO Compensation when Managers are Loss-Averse

Ingolf Dittmann, Ernst Maug, Oliver Spalt

Series number :

Serial Number: 
193/2007

Date posted :

November 01 2007

Last revised :

SSRN Share

Keywords

  • Stock Options • 
  • executive compensation • 
  • Loss Aversion

Published in

Published in: 
Publication Title: 
Journal of Finance
Description: 
Vol. 65, No. 6, pp. 2015-2050, 2010

Authors