The K@W Network:
Associate Professor of Finance
Many think flawed bonus rules at financial institutions helped cause the financial crisis. But the evidence is thin, and new proposals to prevent a repeat may be easily thwarted.
Do corporate leaders time the release of information to the public to boost their stock prices just before their equity vests? According to new research co-authored by Wharton’s Alex Edmans,[…]
New research by Wharton’s Alex Edmans shows that high levels of employee satisfaction benefit shareholders, especially in countries that have flexible labor policies.
According to new Wharton research, disclosing certain types of information can lead chief executives at publicly traded firms to focus on short-term corporate performance at the expense of the long[…]
Research by Wharton professor Alex Edmans and two colleagues sheds light on the ways in which incentive plans -- designed to align a CEO’s interests with those of shareholders --[…]