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Top management tournament incentives and credit ratings |
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| Authors: | Bannister James W. Newman Harry A. Peng Emma Y. |
| Affiliation: | 1.Barney School of Business, University of Hartford, 200 Bloomfield Avenue, West Hartford, CT, 06117-1599, USA ;2.Gabelli School of Business, Fordham University, 45 Columbus Avenue, New York, NY, 10023, USA ;3.Gabelli School of Business, Fordham University, Hughes Hall, Bronx, NY, 10458, USA ; |
| Abstract: | Review of Quantitative Finance and Accounting - This paper investigates whether the current level of tournament incentives for top executives is related to the firm’s future credit rating.... |
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