Thursday, August 18, 2011, 10:30-12:15 pm; Corporate Finance Theory
CEO and Board Incentives - C2

Session Chair: Joel Shapiro, Oxford University

• Communication and Decision-Making in Corporate Boards PDF
  Nadya Malenko
  Boston College
  
  • Discussant: Jens Josephson, Stockholm University

• How Important are Risk-Taking Incentives in Executive Compensation? PDF
  Ingolf Dittman, Ko-Chia Yu
  Erasmus University; Shanghai University of Finance and Economics
  • Discussant: Florian Peters, University of Amsterdam
  
  
• Should CEOs be Rewarded for the Decisions they Make? Delegated Expertise and CEO Pay PDF
  Marco Celentani¹, Rosa Loveira², Pablo Ruiz-Verdú¹
  Universidad Carlos III¹; Universidade de Vigo²
  
  • Discussant: Albert Banal-Estanol, Universitat Pompeu Fabra