CEO ownership, stock market performance, and managerial discretion

ULFVON LILIENFELD‐TOAL… - the Journal of Finance, 2014 - Wiley Online Library
We examine the relationship between CEO ownership and stock market performance. A
strategy based on public information about managerial ownership delivers annual abnormal …

Moral hazard with excess returns

M Blonski, U von Lilienfeld-Toal - Mathematics and Financial Economics, 2023 - Springer
We consider a public firm characterized by a moral hazard problem. A distinguished player
is a CEO or activist shareholder who (i) is unrestricted to trade shares and (ii) has discretion …

Moral Hazard with Excess Returns

M Blonski, U Lilienfeld-Toal - Available at SSRN 3505394, 2018 - papers.ssrn.com
We consider a public firm characterized by a moral hazard problem. A distinguished player
is a CEO or activist shareholder who (i) is unrestricted to trade shares and (ii) has discretion …

[PDF][PDF] External Shareholders: Incentives and Returns

B Maury, AG Ekholm - Paris December 2010 Finance Meeting …, 2010 - papers.ssrn.com
We explore the relation between external shareholder incentives and investment returns
using a unique transactions data set representing all the more than 1.3 million different …

[CITATION][C] External Shareholders: Incentives and Returns

A Ekholm, B Maury - Available at SSRN 1244506, 2009