Krishnan, Venkat R.; Sivakumar, Ranjini - In: Corporate Governance: The international journal of … 4 (2004) 1, pp. 24-30
This longitudinal study looked at the impact of top managers’ personal power and structural power on divestiture two years later, using a sample of 46 sales and spin‐offs and a set of 46 control firms matched by size and industry in the USA. The impact of divestiture on top managers’ power...