Most Recent Additions*

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Human Capital and Local Credit Supply: Evidence from the Mortgage Industry
Ruidi Huang, Erik J. Mayer, Sheridan Titman, and David X Xu

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CECL Adoption and the Contractual Usefulness of Accounting Earnings in Bank CEO Compensation
Ilona Babenko, Benjamin Bennett, Gauri Bhat, and Todd T. Milbourn

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Dividend yield, dividend payers and cross-sectional return prediction
Seong Jin Ahn, Charles (Chad) Ham, Zachary Kaplan, and Todd T. Milbourn

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Firm-Level Litigation Risk: Measurement and Effects
Benjamin Bennett, Charles (Chad) Ham, Todd T. Milbourn, and Zexi Wang

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Why Do Firms Use Equity-based Pay? Managerial Compensation and Stock Price Informativeness
Benjamin Bennett, Gerald T. Garvey, Todd T. Milbourn, and Zexi Wang

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Product Market Peers and Relative Performance Evaluation
Sudarshan Jayaraman, Todd T. Milbourn, Florian S. Peters, and Hojun Seo

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Compensation Goals and Firm Performance
Benjamin Bennett, J. Carr Bettis, Radhakrishnan Gopalan, and Todd T. Milbourn

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Duration of Executive Compensation
Radhakrishnan Gopalan, Todd T. Milbourn, Fenghua Song, and Anjan V. Thakor

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CEO Pay and the Market for CEOs
Antonio Falato, Todd T. Milbourn, and Dan Li

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The Effect of Auditor Expertise on Executive Compensation
Sudarshan Jayaraman and Todd T. Milbourn

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CEO Compensation and Corporate Risk: Evidence from a Natural Experiment
Todd A. Gormley, David A. Matsa, and Todd T. Milbourn

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The Optimal Duration of Executive Compensation: Theory and Evidence
Radhakrishnan Gopalan, Todd T. Milbourn, Fenghua Song, and Anjan V. Thakor

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What Will it Do for My EPS? An Unflattering But Powerful Motive for Mergers
Gerald T. Garvey, Todd T. Milbourn, and Kangzhen Xie

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The Role of Stock Liquidity in Executive Compensation
Sudarshan Jayaraman and Todd T. Milbourn

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Strategic Flexibility and the Optimality of Pay for Sector Performance
Radhakrishnan Gopalan, Todd T. Milbourn, and Fenghua Song

*Updated as of 12/05/25.