Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
Volume - 13 | Issue-1
This study includes a thorough evaluation of the literature on the effect of financial executive incentives on risk-taking behavior. The purpose of this research is to look at two important aspects of executive risktaking behavior: (i) the effect of the compensation function's curvature (steepness, convexity, concavity), and (ii) the effect of reference points.