{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/2097160-022",
 "identifier": "kaal:claim:2097160-022",
 "text": "Early triggers in executive compensation improve the signaling of default risk by producing the signal while default risk is present but still somewhat remote.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Wulf A. Kaal, Contingent Capital in Executive Compensation (2012). SSRN: https://ssrn.com/abstract=2097160",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Contingent Capital in Executive Compensation",
  "datePublished": "2012",
  "url": "https://ssrn.com/abstract=2097160",
  "sha256": "1e1f8aa246bce19f4658dbceb455c7c2a272aa5d63a9e9bdaa46a3a5a87680fc",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Kaal%20-%202012%20-%20Contingent%20Capital%20in%20Executive%20Compensation.pdf"
 },
 "keywords": [
  "risk-and-incentives",
  "contingent-capital",
  "systemic-risk"
 ],
 "about": [
  "default-risk",
  "signaling",
  "early-trigger",
  "systemic-risk"
 ],
 "abstract": "Early triggers for contingent convertible bonds in executive compensation packages may increase and optimize the signaling of default risk at a time when the risk of default is present but still somewhat remote.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "mechanism"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": []
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/23ab6c94514bbd0d1d637448a9ac7efd6ee9206af278bced2ea066a697c663e1.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": [
    {
     "rel": "extended_by",
     "to": "https://wulfkaal.github.io/claims/2957645-021",
     "to_id": "kaal:claim:2957645-021",
     "similarity": 0.336
    }
   ]
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "23ab6c94514bbd0d1d637448a9ac7efd6ee9206af278bced2ea066a697c663e1",
 "canonicalForm": "https://wulfkaal.github.io/claims/2097160-022.md"
}