Considering Pay-for-Performance Incentives? You May Put Innovation at Risk

By Sarah Steimer Open, diversified and large networks are known to spur innovation at companies, but managers may discourage their development when they implement pay-for-performance incentives. These plans — which typically rely on short-term and quantitative performance metrics — actually … Continue reading Considering Pay-for-Performance Incentives? You May Put Innovation at Risk

How Are Underwriters and IPO Firms Paired in a Nascent Stock Market?—Implications for Securities Regulators and Investors

By Yan “Anthea” Zhang (Rice University), Jin Chen (University of Nottingham Ningbo China), Haiyang Li (Rice University), Jing Jin (University of International Business and Economics, China) In a mature stock market, reputation of underwriters signals the underlying quality of IPO … Continue reading How Are Underwriters and IPO Firms Paired in a Nascent Stock Market?—Implications for Securities Regulators and Investors