Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Business
Does Compensation Structure Alleviate Personal Ceo Risks?, Richard Lord, Yoshie Saito
Does Compensation Structure Alleviate Personal Ceo Risks?, Richard Lord, Yoshie Saito
Department of Accounting and Finance Faculty Scholarship and Creative Works
Are CEO compensation packages designed to alleviate some of the personal risks that they bear? We employ a unified framework to test the relationship between the four major components of executive pay; salary, bonuses, option grants and restricted stock grants, and four factors that increase CEOs' personal risks; the real value of their pay, the riskiness of firm equity, the value of their equity portfolios, and the delta of these equity holdings. We show that personal risks that CEOs face have significant effects on the design of their compensation contracts. Our results suggest that the portion of salary compensation decreases …
A Case Study On The Determination Of Lost Profits For The Forensic Accountant, James Digabriele
A Case Study On The Determination Of Lost Profits For The Forensic Accountant, James Digabriele
Department of Accounting and Finance Faculty Scholarship and Creative Works
This paper illustrates a teaching case study for use in a forensic accounting course. The case study requires students to prepare and/or present their findings for the valuation of lost profits in the framework of a business interruption. Readers obtain requisite financial and qualitative information to complete a valuation of lost profits due to a business interruption.