What is it about?
Why do new executives receive signing bonuses and do they matter for performance and turnover?
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Why is it important?
It is important for investors to understand signing bonuses serve an economic purpose and help boards attract and retain talented executives. It is also important for boards to know when signing bonuses are warranted and beneficial for the firms.
Read the Original
This page is a summary of: Golden hellos: Signing bonuses for new top executives, Journal of Financial Economics, October 2016, Elsevier,
DOI: 10.1016/j.jfineco.2015.11.003.
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