Risk Aversion, Performance Pay, and the Principal-Agent Problem

• 1 April 1994
• journal article
• Published by University of Chicago Press in Journal of Political Economy
• Vol. 102  (2) , 258-276
• https://doi.org/10.1086/261931

Abstract

Keywords

• STYLIZED FACTS
• PRINCIPAL AGENT THEORY
• PRINCIPAL AGENT PROBLEM
• RISK AVERSION
• CEO COMPENSATION

All Related Versions

• Version 1, RePEc (Unconfirmed version)