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The paper aims to study the effect of tenure on the structure of CEO compensation. The relation between CEO compensation and CEO tenure provides a good testing bed for many effects: the managerial power effect, the portfolio consideration effect, the learning effect, and the career concern effect.

Tobit regressions were run of the percentage of equity‐based compensation on CEO tenure and the effect of tenure compared between inside CEOs and outside CEOs.

It was found that the percentage of equity‐based compensation increases during the early years of tenure for outside CEOs, and decreases during the later years of tenure for inside CEOs. Before they are tenured, outside CEOs have significantly higher and faster growing percentage of equity‐based compensation than inside CEOs. Furthermore, the portfolio consideration effect and the learning effect are the major effects in explaining the effect of tenure on the compensation structure.

The evidence that boards of directors take into account the CEOs’ holdings of equity incentives, the types of CEOs, and their years on tenure to adjust the structure of CEO compensation indicates that firms should, and do, try to optimize their CEO compensation structure on the basis of firm‐specific or CEO‐specific characteristics. It is suggested that there is no simple formulaic approach to governance reform.

The paper contributes to the literature by studying and explaining the different patterns of compensation structure over CEO tenure between inside CEOs and outside CEOs.

The purpose of this study is to propose generalised integral transform technique (GITT) to obtain the exact solutions for bending of clamped parallelogram plate resting on elastic foundation.

The GITT is used to solve the bending problem of the full clamped parallelogram plate under an elastic foundation. The auxiliary problem was developed and the corresponding eigenfunction and eigenvalue were calculated simultaneously. The original partial differential governed equation has been represented by the transformed ordinary differential equation system and solved by the subroutine DBVPFD from International Mathematics and Statistics Library.

The GITT has been proven to be an efficient approach to solve the bending problem of the plate with different loads, boundary conditions and elastic foundations. The parametric study indicates that the elastic foundation modulus has significant contribution in reducing the vertical deflections and moments for both rectangular and parallelogram plates. With the increasing of aspect ratio (a/b) and the elastic foundation modulus, the trends of the deflection and moment reduction decreased significantly.

The present hybrid analytical-numerical methodology was first used to solve the mechanics problem of the clamped parallelogram plate resting on elastic foundation. Excellent convergence and high accuracy was observed by comparing with the published results. It exhibits potential application to investigate the mechanics problem of the composite plate with different boundary conditions in the shipbuilding and civil engineering.

The purpose of this study is to examine the nonlinear relationship between financial constraints and the chief executive officer (CEO) stock options compensation and to analyze whether the impact of financial constraints on the CEO stock options compensation changes at certain level of financial constraints or not.

This study is based on a sample of 90 French firms for the period extending from 2008 to 2019. To deal with the non-linearity, the authors use a panel threshold method.

Using different measures of financial constraints [KZ index (Baker et al., 2003), SA index (Hadlock and Pierce, 2010) and FCP index (Schauer et al., 2019)], the results reveal that the impact of the financial constraints (SA index and FCP index) is positive below the threshold value and it becomes negative above.

The non-linearity between financial constraints and CEO stock options shows that the level of financial constraints can be a major determinant of the CEO compensation structure. More specifically, this study sheds light on the key role played by the level of financial constraints and how this latter influence management decisions.

This paper is the first to the best of the authors' knowledge to examine the nonlinear relationship between financial constraints and the CEO stock options compensation using a panel threshold model.