My Research
Published Papers
“CEO Compensation and Real Estate Prices: Pay for Luck or Pay for Action?” with Ben Bennett, Cláudia Custódio, and Dragana Cvijanovíc, 2021. Accepted at Review of Accounting Studies.
“Ex Post Settling Up in Cash Compensation: New Evidence” with Bingyi Chen, Qi (Flora) Dong, and Edward Riedl, 2019. Contemporary Accounting Review, 36: 1929 – 2694.
“Has Section 404 of the Sarbanes-Oxley Act Discouraged Corporate Investment? New Evidence from a Natural Experiment,” with Julie L. Zhu, 2019. Management Science, 65: 3423 – 3446.
“Court Intervention as a Governance Mechanism over CEO Pay: Evidence from the Citigroup Derivative Lawsuit” with Mary Ellen Carter and Luann Lynch, 2015. European Accounting Review, special issue on “Regulation and Disclosure of Executive Compensation,” 24: 637 – 658 (lead article).
“Do Growth-Option Firms Use Less Relative Performance Evaluation?” 2014. The Accounting Review, 89: 27 – 60.
“Peer Choice in Executive Compensation,” with Gus De Franco and Rodrigo S. Verdi, 2013. Journal of Financial Economics, 108: 160 – 181.
“Does Firm Heterogeneity Lead to Differences in Relative Executive Compensation?” 2010. Finance Research Letters, 7:80 – 85.
“Peer Firms in Relative Performance Evaluation,” 2009. Journal of Accounting and Economics, 48: 69 – 89.
Working Papers
“Complexity in Compensation Contracts” with Mary Ellen Carter, Michael Guo, and Luann Lynch, March 2022.
“Are CEOs Paid Extra for Riskier Pay Packages?” with Rui Albuquerque and Mary Ellen Carter, Qi (Flora) Dong, March 2022.
“Are ISS Recommendations Informative? Evidence from Assessments of Compensation Practices” with Mary Ellen Carter and Susanna Gallani, March 2022.
“Aggregate CEO Compensation, Aggregate Performance and Relative Performance Evaluation” with Mary Ellen Carter and Bjorn Jorgensen, January 2018.
“The Impact of Risk on CEO Equity Incentives: Evidence from Customer Concentration,” with Michael Guo, George Papadakis and Peter Wysocki, April 2018.
“CEO Turnover: Evidence from a Natural Experiment” with Bingyi Chen, Yijing Jiang, and Francois Brochet.
"Tax Cut and Jobs Act and Stock Repurchase" Benjamin Bennett, Jesse Wang, and Petro Lisowsky.
“Pay Dispersion and Firm Performance” with Aliya Korganbekova, Pedro Raposo, and Rodrigo Verdi.