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This paper investigates the impact of corporate acquisitions on CEO compensation and CEO turnover of family firms in …-family firms and their acquisition activity. This finding is consistent with the view that controlling family shareholders provide …, there is no significant impact of acquisitions on CEO turnover in family firms …
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provisioning effect. Finally, experienced directors improve the quality of acquisitions by assisting acquirers to avoid large …
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, the behavioural agency model allows for risk seeking by managers leading possibly to over-risky investments. Corporate … governance mechanisms can correct both under- and over-risky investment thereby ensuring value enhancing high tech acquisitions … tech and low tech acquisitions. We then classify actual acquisitions into optmally risky, over-risky and under …
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This article examines the effect of anti-takeover provisions on executive excess compensation and find a positive … association. Five further findings are as follows. First, among specific provisions, the anti-takeover provisions mainly used to … delay the takeover process have a stronger effect on executive excess compensation. Second, the positive effect of anti-takeover …
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subsequent turnovers of top managers and auditors. Our findings point out other adverse consequences of going-concern opinions …
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