Residual Income-Based Compensation Plans for Controlling Investment Decisions Under Sequential Private Information
Published Online:1 Mar 2007https://doi.org/10.1287/mnsc.1060.0631
References
- Capital rationing and organizational slack in capital budgeting. Management Sci. (1985) 31(2):163–174Link, Google Scholar
- Resource rationing and organizational slack in a two-period model. J. Accounting Res. (1990) 28(2):1–24Crossref, Google Scholar
- Models of capital investment with private information and incentives: A selective review. J. Bus. Finance Accounting (1997) 24(7):887–908Crossref, Google Scholar
- Information systems, incentives and the timing of investments. J. Accounting Public Policy (2001) 20(4–5):267–294Crossref, Google Scholar
- Incentive problems and investment timing options. (2004) . Working paper, Yale University, New Haven, CTGoogle Scholar
- Option value to waiting created by a control problem. J. Accounting Res. (2001) 39(3):405–415Crossref, Google Scholar
- Abandonment options and information system design. Rev. Accounting Stud. (2003) 8(1):29–45Crossref, Google Scholar
- Using return policies to elicit retailer information. RAND J. Econom. (2004) 35(3):617–630Crossref, Google Scholar
- Delegated investment decisions and private benefits of control. Accounting Rev. (2003) 78(4):909–930Crossref, Google Scholar
- “Cost of capital” in residual income for performance evaluation. Accounting Rev. (2002) 77(1):1–23Crossref, Google Scholar
- Capital budgeting and managerial compensation: Incentive and retention effects. Accounting Rev. (2003) 78(1):71–93Crossref, Google Scholar
- Controlling investment decisions: Depreciation and capital charges. Rev. Accounting Stud. (2002) 7(2–3):253–281Crossref, Google Scholar
- Accrual accounting for performance evaluation. Rev. Accounting Stud. (2005) 10(4):527–552Crossref, Google Scholar
- EVA: The Real Key to Creating Wealth (1998) (Wiley, New York) Google Scholar
- A Theory of Incentives in Procurement and Regulation (1993) (The MIT Press, Cambridge, MA) Google Scholar
- Value of communication in agencies. J. Econom. Theory (1989) 47(2):334–368Crossref, Google Scholar
- Incentive compatibility and the bargaining problem. Econometrica (1979) 47(1):61–74Crossref, Google Scholar
- A perspective on asymmetric information, incentives and intrafirm resource allocation. Management Sci. (2004) 50(12):1615–1624Link, Google Scholar
- Investment decisions and managerial performance evaluation. Rev. Accounting Stud. (1997) 1(2):157–180Crossref, Google Scholar
- Intertemporal cost allocation and managerial investment incentives: A theory explaining the use of economic value added as a performance measure. J. Political Econom. (1997) 105(4):770–795Crossref, Google Scholar
- The Quest for Value (1991) (Harper Collins Publishers, New York) Google Scholar
- Real Options: Managerial Flexibility and Strategy in Resource Allocation (2002) (The MIT Press, Cambridge, MA) Google Scholar
- EVA and Value-Based Management: A Practical Guide to Implementation (2000) (McGraw-Hill, New York) Google Scholar

