fabled financial firms to the short-termism phenomenon – investors acting like traders and influencing corporate managers to … managers to resist shareholder pressure toward an excessive and destructive focus on the near-term. In practical terms, this … managers from their independent short-termism and protects them from shareholder pressure to engage in short-termist behavior …

. To order the financial state of affairs after the merger, the current shareholders must revalue their stake in the merged …By means of a company merger formerly legally and economically independent companies are tied up to an economic entity … to define an ideal exchange ratio, the valuation problem of a merger was taken up again not earlier than in Hering (2004 …

-taking. These results are consistent with the “takeover incentive hypothesis,” an original proposition stating that GPs influence … risk-taking through the incentive of a CEO with a GP to accept a takeover, as well as delta's role in affecting the weight … of the CEO's incentive to maximize the expected takeover-associated equity portfolio wealth. The findings do not support …