Showing 101 - 110 of 185
In recent years, corporate sponsorship has become an increasingly important element of the marketing communications mix. This paper uses data from the 1996 Atlanta Summer Olympic Games to measure the value of Olympic sponsorship. Using stock return data, we find that the shareholders of...
Persistent link: https://www.econbiz.de/10012742124
This paper estimates the determinants of the contributions made by top executives to their firm's Political Action Committee (PAC). We find that executive's personal PAC contributions (proxy for the interest of the firm) are positively related to their shareholdings, income and option holdings...
Persistent link: https://www.econbiz.de/10012750774
This paper examines the determinants of a firm adding a woman to its board of directors. Using panel data for a sample of large publicly held firms for the years 1990-1999, we find that the probability of adding a woman to a board in a given year is inversely related to the number of woman...
Persistent link: https://www.econbiz.de/10012712202
This paper estimates the determinants of the contributions made by top executives to their firm's Political Action Committee (PAC). We find that executive's personal PAC contributions (proxy for the interest of the firm) are positively related to their shareholdings, income and option holdings...
Persistent link: https://www.econbiz.de/10012708288
We analyze the effect of CEO tenure on the relation between firm performance and forced turnover. We find that the performance-forced turnover relation is conditional on CEO tenure. Our results suggest a constant negative relation between firm performance and forced turnover throughout an inside...
Persistent link: https://www.econbiz.de/10012788173
This paper investigates the rewards (or penalties) offered to outside directors that signal their decision making expertise to shareholders and labor markets by removing a poorly performing CEO. Using a sample of directors drawn from 40 firms experiencing forced CEO departures between 1982 and...
Persistent link: https://www.econbiz.de/10012791064
We document significant improvements in earnings and stock returns after CEO turnover. Compared to old CEOs, new CEOs derive more of their compensation from salary and bonus and option grants, but less from stock holdings. The sensitivity of pay to performance increases significantly after a...
Persistent link: https://www.econbiz.de/10012757502
This paper estimates the determinants of the contributions made by top executives to their firm's Political Action Committee (PAC). We find that executive's personal PAC contributions (proxy for the interest of the firm) are positively related to his shareholdings, income and option holdings...
Persistent link: https://www.econbiz.de/10015389685
This study examines the phenomenon of co-CEOs within publicly traded firms. Although shared executive leadership is not widespread, it occurs within some very prominent firms. We find that co-CEOs generally complement each other in terms of educational background or executive responsibilities....
Persistent link: https://www.econbiz.de/10009484450
This study examines the phenomenon of co-CEOs within publicly traded firms. Although shared executive leadership is not widespread, it occurs within some very prominent firms. We find that co-CEOs generally complement each other in terms of educational background or executive responsibilities....
Persistent link: https://www.econbiz.de/10009484499