Showing 1 - 7 of 7
We investigate whether family firms are more likely to engage in related party transactions (RPTs) and the impact of RPTs on the previously documented family firm value premium (Anderson and Reeb 2003). While RPTs are strategic in some situations and opportunistic in others (Kohlbeck and Mayhew...
Persistent link: https://www.econbiz.de/10012922920
Persistent link: https://www.econbiz.de/10011846675
Understanding the behavior of chief executive officers (CEOs) enables investors, regulators, and others to better appreciate the corporate decisions a CEO makes. Among the many aspects that determine CEO behavior are early-life experiences, we examine whether a CEO's exposure to two important...
Persistent link: https://www.econbiz.de/10012837355
We investigate whether CEO's social connections are systematically associated with the financial incentive alignment between the CEO and shareholders. The existing CEO compensation literature provides a mix of empirical evidence on whether rent extraction or shareholder value view dominates. We...
Persistent link: https://www.econbiz.de/10012860741
We investigate the impact of CEO turnover in connection with corporate restructurings on subsequent performance improvement and accounting quality. Although operational restructurings are credited with performance improvements, prior studies suggest companies potentially manipulate restructuring...
Persistent link: https://www.econbiz.de/10012938582
We examine the voluntary disclosure practices of family firms. Family firms have longer investment horizons, lower agency conflicts between owners and managers but higher agency conflicts between controlling and non-controlling shareholders, and greater concerns about firm reputation. We...
Persistent link: https://www.econbiz.de/10013012856
Understanding the behavior of chief executive officers (CEOs) enables investors, regulators, and others to better appreciate CEOs’ corporate decisions. Among the many aspects that determine CEO behavior are early-life experiences; we examine whether a CEO’s exposure to two important...
Persistent link: https://www.econbiz.de/10013403929