Avery, Christopher; Chevalier, Judith A; Schaefer, Scott - In: Journal of Law, Economics and Organization 14 (1998) 1, pp. 24-43
We study the effect of a firm's acquisitions on the subsequent career of its chief executive officer (CEO) by examining a sample of executives who undertook large acquisitions between 1986 and 1988. We find that acquirers do not have significantly different compensation growth from executives...