The Accounting Review Vol. 67 No. 1 1992
The Stock Market Reaction to Performance Plan Adoptions.
Abstract
Examines the stock market reaction to the adoption of long-term compensation agreements for top management that are based on accounting goals. Method of study; Reaction observed for the adopting firms due to the impending shareholders' meeting rather than to the performance plan adoption per se; Caution in the interpretation of announcements made around the time of the annual shareholders' meeting.
- DOI
- 10.2308/tar-9605305872
- Volume
- 67
- Issue
- 1
- Pages
- 172-182
- Language
- en
- Sources
- crossref openalex