Incentive efficiency of compensation based on accounting and market performance

Moral Hazard and Observability

1979 • 8,356 citations

Performance Pay and Top-Management Incentives

1990 • 4,798 citations

Performance pay and top-management incentives

1990 • 4,638 citations

Aggregation and Linearity in the Provision of Intertemporal Incentives

1987 • 2,932 citations

The Private and Social Value of Information and the Reward to Inventive Activity

1971 • 1,459 citations

On the aggregation of information in competitive markets

1980 • 1,192 citations

Information aggregation in a noisy rational expectations economy

1981 • 1,135 citations

An Analysis of the use of Accounting and Market Measures of Performance in Executive Compensation Contracts

1987 • 1,102 citations

Sensitivity, Precision, and Linear Aggregation of Signals for Performance Evaluation

1989 • 917 citations

Accounting earnings and top executive compensation

1993 • 799 citations

Earnings Management in an Overlapping Generations Model

1988 • 767 citations

Accounting income, stock price, and managerial compensation

1993 • 282 citations

On the Efficiency of Stock-based Compensation

1992 • 277 citations

The Use of Mathematical Models in Financial Accounting

1982 • 201 citations

Optimal Managerial Contracts and Equilibrium Security Prices

1982 • 111 citations

Managerial discretion in the choice among financial reporting alternatives

1986 • 101 citations

Viable allocations of information in financial markets

1987 • 92 citations

Contracts without memory in multiperiod agency models

1985 • 64 citations

Smooth preferences and the approximate expected utility hypothesis

1987 • 31 citations