L
Laura T. Starks
Researcher at University of Texas at Austin
Publications - 133
Citations - 23683
Laura T. Starks is an academic researcher from University of Texas at Austin. The author has contributed to research in topics: Institutional investor & Corporate governance. The author has an hindex of 59, co-authored 129 publications receiving 21162 citations. Previous affiliations of Laura T. Starks include Washington University in St. Louis.
Papers
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Journal ArticleDOI
Institutional Investors and Executive Compensation
Jay C. Hartzel,Laura T. Starks +1 more
TL;DR: In this article, the authors find that institutional ownership concentration is positively related to the pay-for-performance sensitivity of executive compensation and negatively related with the level of compensation, even after controlling for firm size, industry, investment opportunities and performance.
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Corporate governance proposals and shareholder activism: the role of institutional investors
Stuart L. Gillan,Laura T. Starks +1 more
TL;DR: In this article, the authors examine voting outcomes and short-term market reactions conditioned on proposal type and sponsor identity and find that proposals sponsored by institutions or coordinated groups appear to act as substitutes gaining substantially more support than those sponsored by individuals.
Journal ArticleDOI
Institutional Investors and Executive Compensation
Jay C. Hartzell,Laura T. Starks +1 more
TL;DR: This article found that institutional ownership concentration is positively related to the pay-for-performance sensitivity of executive compensation and negatively related with the level of compensation, even after controlling for firm size, industry, investment opportunities, and performance.
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Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry
TL;DR: In this paper, the authors test the hypothesis that managers of investment portfolios likely to end up as losers will manipulate fund risk differently than those managing portfolio likely to be winners, and show that this effect became stronger as industry growth and investor awareness of fund performance increased over time.
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Internal Monitoring Mechanisms and CEO Turnover: A Long‐Term Perspective
TL;DR: In this article, the authors report evidence on chief executive officer (CEO) turnover during the 1971 to 1994 period and find that the nature of CEO turnover activity has changed over time.