Articles & Research

Journal of Applied Corporate Finance, Vol. 26, Issue 1, pp. 20-28, 2014,  Abstract:  Private companies have a natural governance advantage over public companies - one that stems mainly from the presence on their boards of their largest owners. This governance advantage is reflected in the greater effectiveness of private company executive pay plans in balancing the goals of management retention and incentive alignment against cost.

"The hybrid option:  A new approach to Equity Compensation" published in Morgan Stanley: Journal of applied corporate finance 2009 [read complete article...]

"Wall Street Deserved Its Bonuses: Here's Why" published in Forbes Online US Magazine February 26, 2009 [read complete article...]

"Letting Go of Norm:  How Executive Compensation Can Do Better Than "Best Practices" pulished in Journal of applied corporate finance: JACF 17 2005

"Alignment Exposed:  How CEOs are Paid and what their Shareholders get for it" published in Journal of applied corporate finance: JACF 16 2004

"The Viable Eva Center or, How to Slice A Company So it doesn't Bleed" published in Morgan Stanley: Journal of applied corporate finance: JACF 13 2000

"The End of Cost Allocations as We Know Them" published in Morgan Stanley: Journal of Applied Corporate Finance: JACF 10 1997

"Value Creation in the Internal Corporate Market:  Designing Effective Intra-Company Charges" published in Journal of applied corporate finance: JACF 8 1995

"How EVA™ can help turn mid-sized firms into large companies" published in Morgan Stanley: Journal of applied corporate finance: JACF 7 1994 [read complete article...]

marc hodak nyu