Stock-based pay in new economy firms

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.4K citations

Business, Economics, Finance +13

The investment opportunity set and corporate financing, dividend, and compensation policies

Clifford W. Smith, Ross L. Watts · Journal of Financial Economics · 1992 · 3.8K citations

Business, Business Economics, Finance +17

Are CEOs Really Paid Like Bureaucrats?

Brian J. Hall, Jeffrey B. Liebman · The Quarterly Journal of Economics · 1998 · 1.4K citations

Management, Business Economics, Corporate Governance +12

Stock options for undiversified executives

Brian J. Hall, Kevin J. Murphy · Journal of Accounting and Economics · 2002 · 1.2K citations

Business, Business Economics, Finance +17

Portfolio Considerations in Valuing Executive Compensation

Richard A. Lamber, David F. Larcker, Robert E. Verrecchia · Journal of Accounting Research · 1991 · 900 citations

Management, Business Economics, Finance +17