{"created":"2021-03-01T07:07:33.863036+00:00","id":29106,"links":{},"metadata":{"_buckets":{"deposit":"eff07123-a926-45a1-869a-3894728d630e"},"_deposit":{"created_by":188,"id":"29106","owners":[188],"pid":{"revision_id":0,"type":"depid","value":"29106"},"status":"published"},"_oai":{"id":"oai:tsukuba.repo.nii.ac.jp:00029106","sets":["3:2658:2662"]},"author_link":["100596"],"item_11_biblio_info_6":{"attribute_name":"書誌情報","attribute_value_mlt":[{"bibliographicIssueDates":{"bibliographicIssueDate":"2013-05","bibliographicIssueDateType":"Issued"}}]},"item_11_description_4":{"attribute_name":"抄録","attribute_value_mlt":[{"subitem_description":"This paper studies the economic consequences of choosing two different\ntypes of executive compensation contracts. The analysis is based on a two-period\nagency model in which compensation contracts are subject to renegotiation; compensation\nis paid based on the agent’s earnings report (e.g., a performance-based contract)\nor a non-verifiable measure within the firm (e.g., a conventional implicit contract).\nAccording to the analysis, conventional implicit contracts can dominate performancebased\ncontracts if the non-verifiable measure is sufficiently informative so that the\nagent’s earnings report is not significantly considered during renegotiation. However,\nif the agent has strong bargaining power, the performance-based contract is optimal.\nThe theoretical findings have implications for empirical compensation research. First,\nthe firms’ compensation policy may not serve as a useful test for identifying profitable\nfirms. Second, the combination of the compensation policy and the ownership structure\nis likely to be associated with the level of executive compensation.","subitem_description_language":"en","subitem_description_type":"Abstract"}]},"item_11_publisher_27":{"attribute_name":"出版者","attribute_value_mlt":[{"subitem_publisher":"University of Tsukuba. Graduate School of Systems and Information Engineering. Doctoral Program in Social Systems & Management","subitem_publisher_language":"en"}]},"item_11_relation_36":{"attribute_name":"シリーズ","attribute_value_mlt":[{"subitem_relation_name":[{"subitem_relation_name_language":"en","subitem_relation_name_text":"Department of Social Systems and Management Discussion Paper Series;no.1306"}]}]},"item_access_right":{"attribute_name":"アクセス権","attribute_value_mlt":[{"subitem_access_right":"open access","subitem_access_right_uri":"http://purl.org/coar/access_right/c_abf2"}]},"item_creator":{"attribute_name":"著者","attribute_type":"creator","attribute_value_mlt":[{"creatorNames":[{"creatorName":"OGAKU, Michiko","creatorNameLang":"en"}],"nameIdentifiers":[{}]}]},"item_files":{"attribute_name":"ファイル情報","attribute_type":"file","attribute_value_mlt":[{"accessrole":"open_date","date":[{"dateType":"Available","dateValue":"2013-12-25"}],"displaytype":"detail","filename":"1306.pdf","filesize":[{"value":"313.2 kB"}],"format":"application/pdf","mimetype":"application/pdf","url":{"objectType":"fulltext","url":"https://tsukuba.repo.nii.ac.jp/record/29106/files/1306.pdf"},"version_id":"e61a95ce-fd1d-4d58-b011-2bfce6930490"}]},"item_language":{"attribute_name":"言語","attribute_value_mlt":[{"subitem_language":"eng"}]},"item_resource_type":{"attribute_name":"資源タイプ","attribute_value_mlt":[{"resourcetype":"technical report","resourceuri":"http://purl.org/coar/resource_type/c_18gh"}]},"item_title":"Are the shareholders in Japanese governance mechanisms getting a benefit from the use of annual incentive plans?","item_titles":{"attribute_name":"タイトル","attribute_value_mlt":[{"subitem_title":"Are the shareholders in Japanese governance mechanisms getting a benefit from the use of annual incentive plans?","subitem_title_language":"en"}]},"item_type_id":"11","owner":"188","path":["2662"],"pubdate":{"attribute_name":"PubDate","attribute_value":"2013-06-13"},"publish_date":"2013-06-13","publish_status":"0","recid":"29106","relation_version_is_last":true,"title":["Are the shareholders in Japanese governance mechanisms getting a benefit from the use of annual incentive plans?"],"weko_creator_id":"188","weko_shared_id":-1},"updated":"2024-03-21T04:17:56.510650+00:00"}