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The Quarterly Journal of Business and Economics presents scholarly articles in finance, accounting, economics, management and marketing.
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Managerial turnover and ESOP performance.(employee stock ownership plans)
January 1, 2007... Introduction
In theory, employee stock ownership plans (ESOPs) tend to allow executives to exercise greater managerial control compared to managers of non-ESOP firms with the same sensitivity of compensation relative to company...
Performance measurement & matching: the market for football coaches.
January 1, 2007... Introduction
College football coaches occupy a unique position in college athletics and athletics in general. College football is the most prominent college sport. Unlike professional football, a successful coach over time is identified...
The effect of monitoring by outside blockholders on earnings management.(Brief article)
January 1, 2007... Introduction
Outside blockholders, who beneficially own at least 5 percent of a firm's outstanding common stocks (as defined by SEC Rulel3d-3) but do not serve as executive officers or directors, are an important external mechanism to...
The effect of risk factors on cost of equity estimation.
January 1, 2007... Introduction
The use of historical returns in estimating the cost of equity ([K.sub.E]) long has been a tradition [Dimson, 1979; Fama and French, 1993 (FF93)]. While some recent authors, such as Claus and Thomas (2001), explore the use of...