BebchuckL. A., & Fried, J.M. (2003). Executive compensation as an agency problem. Journal of Economic Perspectives, 17(3), 71-92; Jensen M. C. & Murphy, K. J. (2004). Remuneration, where we've been, how we got to there, what are the problems, and how to fix them (Harvard NOM Working paper 04-28; Finance Working Paper 44/2004, ECGI). Cambridge, MA: Harvard Negotiation, Organizations & Markets.
2.
Frankel, R., Johnson, M., & Nelson, K. (2002). The relation between auditors' fees for nonaudit services and earnings management. The Accounting Review, 77(Supplement), 71-105.
3.
Ashbaugh, H., LaFond, R., & Mayhew, B. W. (2003). Do nonaudit services compromise auditor independence? Further evidence. The Accounting Review, 78(3), 611-639; Chung, H. S., & Kallapur, S. (2003). Client importance, nonaudit services, and abnormal accruals. The Accounting Review, 78(4), 931-955; DeFond, M., Raghunandan, K., & Subramanyam, K. (2002). Do nonaudit service fees impair auditor independence? Evidence from going concern audit opinions. Journal of Accounting Research, 40(4), 1247-1274; Larcker, D. F., & Richardson, S. (2004). Fees paid to audit firms, accrual choices, and corporate governance. Journal of Accounting Research, 42(3), 625-658; Reynolds, J. K., Deis, D., & Francis, J. (2004). Professional service fees and auditor objectivity. Auditing: A Journal of Practice & Theory, 23(1), 29-52.
4.
Reynolds, J.K. , & Francis, J. (2000). Does size matter? The influence of large clients on office-level auditor reporting decisions. Journal of Accounting and Economics, 30(3), 375-400.
5.
Chung & Kallapur, (2003). Craswell, A., Stokes, D. J., & Laughton, J. (2002). Auditor independence and fee dependence. Journal of Accounting and Economics, 33(2), 253-275; Reynolds & Francis (2000).
6.
Abbott, L.J., Parker, S., Peters, G.F., & Rama, D.V. (2003). Audit, non-audit and information technology fees: Some empirical evidence. Accounting and the Public Interest , 3, 1-20.
7.
Kinney, W.R., Palmrose, Z.V., & Scholz, S. (2004). Auditor independence, non-audit services, and restatements: Was the US government right? Journal of Accounting Research, 42(3), 561-588.
8.
Meyer, M., & Vickers, J. (1997). Performance comparisons and dynamic incentives . Journal of Political Economy, 105(3), 547-581.
9.
Bizkjak, J., Lemmon, M., & Naveen, L. (2008). Does the use of peer groups contribute to higher pay and less efficient compensation? Journal of Financial Economics, 90(2), 152-168.
10.
Jensen & Murphy, (2004).
11.
Sloan, R.G. (1993). Accounting earnings and top executive compensation. Journal of Accounting and Economics , 16(1), 56-100.
12.
Barclay, M. , Gode, D., & Kothari, S. (2005). Matching delivered performance . Journal of Contemporary Accounting & Economics, 1, 1-25.
13.
Hogan, C., & Lewis, C. (2005). Long-run investment decisions, operating performance, and shareholder value creation of firms adopting compensation plans based on economic profits. Journal of Financial and Quantitative Analysis, 40(4), 721-778.
14.
Murphy, K.J. (2001). Performance standards in incentive contracts. Journal of Accounting and Economics, 30(3), 245-277.
15.
Indjejikian, R.J., & Nanda, D. (2002). Executive target bonuses and what they imply about performance standards. The Accounting Review, 77(4), 793-819.
16.
Khoroshilov, Y., & Narayanan , M.P. (2008). The role of profit-based and stock-based components in incentive compensation . Journal of Financial Intermediation, 17(3), 357-378.
17.
Core, J.E., Guay, W., & Larcker, D.F. (2003). Executive equity compensation and incentives: A survey. Federal Reserve Bank of New York Economic Policy Review, 9(1), 27-50.
18.
Hanlon, M., Shevlin, T., & Rajgopal, S. (2003). Are executive stock options associated with future earnings? Journal of Accounting and Economics, 36(1), 3-43; O'Byrne, S. F. (2005). Top management incentives and corporate performance. Journal of Applied Corporate Finance, 17(4), 105-114; Rajgopal, S., & Shevlin, T. (2002). Empirical evidence on the relation between stock option compensation and risk taking. Journal of Accounting and Economics, 33(1), 145-171.
19.
Yermack, D. (1997). Good timing: CEO stock option awards and company news announcements. Journal of Finance , 52(2), 449-477.
20.
Aboody, D., & Kasznik, R. (2000). CEO stock option awards and voluntary corporate disclosure. Journal of Accounting and Economics, 29(1), 73-100.
21.
Efendi, J., Srivastava, A., & Swanson, E. (2007). Why do corporate managers misstate financial statements? The role of option compensation and other factors. Journal of Financial Economics, 85(3), 667-708; Fogarty, T., Magnan, M., Markarian, G., & Bohdjalian, S. (2009). Inside agency: The rise and fall if nortel. Journal of Business Ethics, 84(2), 156-187; Jensen, M. (2005). Agency costs of overvalued equity. Financial Management, 34(1), 5-19.
22.
Baker, T., Collins, D., & Reitenga, A. (2003). Stock option compensation and earnings management Incentives. Journal of Accounting, Auditing and Finance, 18(4), 557-592.
23.
Bartov, E., & Mohanram, P. (2004). Private information, earnings manipulations, and executive stock-options exercises. The Accounting Review, 79(4), 889-920.
24.
Johnson, S., Ryan, H., & Tian, Y. (2008). Executive managerial incentive and corporate fraud: The source of incentive. Retrieved May, 9, 2008, from. http://ssrn.com/abstract/395960
25.
Heron, R.A. , & Lie, E. (2007). Does backdating explain the stock price pattern around executive stock option grants? Journal of Financial Economics, 83(2), 271-295.
26.
Bebchuck L., & Fried, J.M. (2004). Pay without Performance - The Unfulfilled Promise of Executive Compensation. Cambridge, MA: Harvard University Press.
27.
Johnson, S., & Tian, Y. (2000). The value and incentive effects of nontraditional executive stock option plans. Journal of Financial Economics, 57(1), 3-34; Kuang, Y., & Qin, B. (2006). Performance-Vested Stock Options and Pay-performance Sensitivity: UK Evidence (Working Paper, Faculty of Economics and Business Administration Tilburg University, No. 123). Tilburg, The Netherlands: Tilburg University, Center for Economic Research; Kuang, Y., & Suijs, J. (2006). Incentive Effects of performance-vested stock options, Working paper, Tilburg University and University of Rotterdam. Tilburg, Netherlands.
28.
Jensen, M. (2003). Paying people to lie: The truth about the budgeting process, European Financial Management, 9(3), 379-406.
29.
Camara, A., & Henderson, V. (2005). Compensation Under Manipulation (Working paper, University of Michigan Flint and Princeton University). Paper available at http://www.fma.org/slc/papers/cum-ch.pdf
30.
Gerakos J., Goodman, T., Ittner, C., & Larcker, D. (2005). The Adoption and Characteristics of Performance Stock Option Grants (Working Paper, The Wharton School, University of Pennsylvania) . Philadelphia: University of Pennsylvania .
31.
Chingos, P. (2004). Responsible Executive Compensation for a New Era of Accountability. New York: J. Wiley & Sons, Inc.
32.
Bebchuk, L. , & Jackson, Jr., R. (2005). Putting executive pensions on the radar screen. Journal of Corporation Law, 30(4), 823-855.
33.
Kalyta, P., & Magnan, M. (2008). Stealth compensation: The case of supplemental executive retirement plans. Journal of Accounting and Public Policy, 27(2), 101-194.
34.
Collins, J. (2001). Good to Great: Why Some Companies Make the Leap . . . and Others Don't. New York: HarperCollins.