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Managerial motivation and timing of open market share repurchases

✍ Scribed by Zahn Bozanic

Book ID
106516343
Publisher
Springer US
Year
2009
Tongue
English
Weight
256 KB
Volume
34
Category
Article
ISSN
0924-865X

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✍ Thijs Jansen; Arie van Lier; Arjen van Witteloostuijn πŸ“‚ Article πŸ“… 2009 πŸ› John Wiley and Sons 🌐 English βš– 185 KB

## Abstract By designing remuneration schemes based on a bonus rewarding specific firm‐level outcomes, the owners/shareholders of a firm can manipulate the behavior of their managers. In practice, different bonus anchors take center stage: some are profit‐based, others use sales as the key yardstic