Dynamic risk taking with bonus schemes

DOI10.1080/14697688.2014.969299MaRDI QIDQ4683089zbMATH OpenOpenAlexFDO

Authors Dietmar P. J. Leisen

Publication date 19 September 2018

Published in Quantitative Finance (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1080/14697688.2014.969299

zbMATH Keywords

incentivesinside debt

Mathematics Subject Classification ID

Management decision making, including multiple objectives (90B50) Corporate finance (dividends, real options, etc.) (91G50)

Recommendations

• On managerial risk-taking incentives when compensation may be hedged against
• Competition, bonuses, and risk-taking in the banking industry
• How important are risk-taking incentives in executive compensation?
• Executive compensation and risk taking
• Dynamic managerial compensation: a variational approach

Cites work

• Aggregation and Linearity in the Provision of Intertemporal Incentives
• Competition, bonuses, and risk-taking in the banking industry
• scientific article; zbMATH DE number 1869272 (Why is no real title available?)
• scientific article; zbMATH DE number 3215021 (Why is no real title available?)
• Inside debt
• Managerial Incentive Problems: A Dynamic Perspective
• Stochastic differential equations. An introduction with applications.
• The pricing of options and corporate liabilities

Cited in

(6)

• Bonus systems in an open portfolio.
• Constrained non-concave utility maximization: an application to life insurance contracts with guarantees
• Su di una politica di bonus
• Executive compensation and risk taking
• Competition, bonuses, and risk-taking in the banking industry
• Escrow and clawback

This page was built for publication: Dynamic risk taking with bonus schemes

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q4683089)