close menu
Bookswagon-24x7 online bookstore
close menu
My Account
The Effect of the Presentation Format of Bonus Scheme on Investors' Judements and Voting Decisions: (English)

The Effect of the Presentation Format of Bonus Scheme on Investors' Judements and Voting Decisions: (English)

          
5
4
3
2
1

Out of Stock


Premium quality
Premium quality
Bookswagon upholds the quality by delivering untarnished books. Quality, services and satisfaction are everything for us!
Easy Return
Easy return
Not satisfied with this product! Keep it in original condition and packaging to avail easy return policy.
Certified product
Certified product
First impression is the last impression! Address the book’s certification page, ISBN, publisher’s name, copyright page and print quality.
Secure Checkout
Secure checkout
Security at its finest! Login, browse, purchase and pay, every step is safe and secured.
Money back guarantee
Money-back guarantee:
It’s all about customers! For any kind of bad experience with the product, get your actual amount back after returning the product.
On time delivery
On-time delivery
At your doorstep on time! Get this book delivered without any delay.
Notify me when this book is in stock
Add to Wishlist

About the Book

This dissertation, "The Effect of the Presentation Format of Bonus Scheme on Investors' Judements and Voting Decisions" by Yifei, Xia, 夏怡斐, was obtained from The University of Hong Kong (Pokfulam, Hong Kong) and is being sold pursuant to Creative Commons: Attribution 3.0 Hong Kong License. The content of this dissertation has not been altered in any way. We have altered the formatting in order to facilitate the ease of printing and reading of the dissertation. All rights not granted by the above license are retained by the author. Abstract: This study investigates the effect of the presentation format of bonus scheme on investors' compensation- and investment-related judgments. I propose that the format in which numerical information is presented affects investors' judgments through the readability and halo effects. I assess these two mechanisms and their interaction effect by comparing bonus scheme presented in a table format versus in a formula format. The table format is more readable than the formula format. High readability increases the chance of a bonus scheme being approved by investors. However, the formula format looks more scientific than the table format. The favorable halo generated by the formula format (relative to the table format) can positively influence investors' voting decisions on the bonus scheme. I predict that high readability (versus low readability) and scientific appearance (versus a less scientific appearance) both positively affect investors' evaluations of a bonus scheme. I also predict an interaction effect between outcome favorability (target-beaten versus target-missed) and bonus scheme presentation format (table versus formula format). When the actual performance beats the performance targets, investors are more likely to approve bonus awards that are presented in a formula format than in a table format, as predicted by the halo effect, and the readability effect is less likely to have an effect in this context. However, when the performance targets are missed, there is no significant difference in investors' approval ratings for the different presentation formats. In this setting, the readability effect predicts a higher approval rating for the table format than the formula format, whereas the halo effect predicts the opposite result. The two effects are likely to cancel each other out. This study provides evidence of how investors' interpretations vary with the numerical information presentation format. It extends compensation disclosure research by exploring the information communication effectiveness of different presentation formats. It extends the halo effect research in psychology by demonstrating the halo effect in numerical information interpretation. The findings extend our understanding of investors' decision-making by showing how the presentation format affects investors' evaluations of and voting decisions on executive compensation scheme. DOI: 10.5353/th_b5295502 Subjects: Investments - Psychological aspects Stockholders - Psychological aspects


Best Seller

| | See All

Product Details
  • ISBN-13: 9781361381885
  • Publisher: Open Dissertation Press
  • Publisher Imprint: Open Dissertation Press
  • Height: 279 mm
  • No of Pages: 154
  • Spine Width: 11 mm
  • Width: 216 mm
  • ISBN-10: 1361381884
  • Publisher Date: 27 Jan 2017
  • Binding: Hardback
  • Language: English
  • Series Title: English
  • Weight: 653 gr


Similar Products

How would you rate your experience shopping for books on Bookswagon?

Add Photo
Add Photo

Customer Reviews

REVIEWS           
Be The First to Review
The Effect of the Presentation Format of Bonus Scheme on Investors' Judements and Voting Decisions: (English)
Open Dissertation Press -
The Effect of the Presentation Format of Bonus Scheme on Investors' Judements and Voting Decisions: (English)
Writing guidlines
We want to publish your review, so please:
  • keep your review on the product. Review's that defame author's character will be rejected.
  • Keep your review focused on the product.
  • Avoid writing about customer service. contact us instead if you have issue requiring immediate attention.
  • Refrain from mentioning competitors or the specific price you paid for the product.
  • Do not include any personally identifiable information, such as full names.

The Effect of the Presentation Format of Bonus Scheme on Investors' Judements and Voting Decisions: (English)

Required fields are marked with *

Review Title*
Review
    Add Photo Add up to 6 photos
    Would you recommend this product to a friend?
    Tag this Book
    Read more
    Does your review contain spoilers?
    What type of reader best describes you?
    I agree to the terms & conditions
    You may receive emails regarding this submission. Any emails will include the ability to opt-out of future communications.

    CUSTOMER RATINGS AND REVIEWS AND QUESTIONS AND ANSWERS TERMS OF USE

    These Terms of Use govern your conduct associated with the Customer Ratings and Reviews and/or Questions and Answers service offered by Bookswagon (the "CRR Service").


    By submitting any content to Bookswagon, you guarantee that:
    • You are the sole author and owner of the intellectual property rights in the content;
    • All "moral rights" that you may have in such content have been voluntarily waived by you;
    • All content that you post is accurate;
    • You are at least 13 years old;
    • Use of the content you supply does not violate these Terms of Use and will not cause injury to any person or entity.
    You further agree that you may not submit any content:
    • That is known by you to be false, inaccurate or misleading;
    • That infringes any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy;
    • That violates any law, statute, ordinance or regulation (including, but not limited to, those governing, consumer protection, unfair competition, anti-discrimination or false advertising);
    • That is, or may reasonably be considered to be, defamatory, libelous, hateful, racially or religiously biased or offensive, unlawfully threatening or unlawfully harassing to any individual, partnership or corporation;
    • For which you were compensated or granted any consideration by any unapproved third party;
    • That includes any information that references other websites, addresses, email addresses, contact information or phone numbers;
    • That contains any computer viruses, worms or other potentially damaging computer programs or files.
    You agree to indemnify and hold Bookswagon (and its officers, directors, agents, subsidiaries, joint ventures, employees and third-party service providers, including but not limited to Bazaarvoice, Inc.), harmless from all claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown including reasonable attorneys' fees, arising out of a breach of your representations and warranties set forth above, or your violation of any law or the rights of a third party.


    For any content that you submit, you grant Bookswagon a perpetual, irrevocable, royalty-free, transferable right and license to use, copy, modify, delete in its entirety, adapt, publish, translate, create derivative works from and/or sell, transfer, and/or distribute such content and/or incorporate such content into any form, medium or technology throughout the world without compensation to you. Additionally,  Bookswagon may transfer or share any personal information that you submit with its third-party service providers, including but not limited to Bazaarvoice, Inc. in accordance with  Privacy Policy


    All content that you submit may be used at Bookswagon's sole discretion. Bookswagon reserves the right to change, condense, withhold publication, remove or delete any content on Bookswagon's website that Bookswagon deems, in its sole discretion, to violate the content guidelines or any other provision of these Terms of Use.  Bookswagon does not guarantee that you will have any recourse through Bookswagon to edit or delete any content you have submitted. Ratings and written comments are generally posted within two to four business days. However, Bookswagon reserves the right to remove or to refuse to post any submission to the extent authorized by law. You acknowledge that you, not Bookswagon, are responsible for the contents of your submission. None of the content that you submit shall be subject to any obligation of confidence on the part of Bookswagon, its agents, subsidiaries, affiliates, partners or third party service providers (including but not limited to Bazaarvoice, Inc.)and their respective directors, officers and employees.

    Accept

    New Arrivals

    | | See All


    Inspired by your browsing history


    Your review has been submitted!

    You've already reviewed this product!
    ASK VIDYA