Xue, Jiao; Fan, Heng; Dong, Zhanxun - In: International Journal of Financial Studies : open … 8 (2020) 4/64, pp. 1-13
This study empirically examines the relationship between executive compensation and mergers and acquisitions (M&A) behaviors by identifying the influence of short- and long-term incentive on the propensity and scale of M&A. When the short-term incentive is insufficient, M&A behaviors serve as a...
