Earnings Management around Founder CEO Re-appointments and Successions in Family Firms
Earnings management consists of a firm’s insiders cooking the books, that is, manipulating reported earnings via discretionary accruals a
Earnings management consists of a firm’s insiders cooking the books, that is, manipulating reported earnings via discretionary accruals a
CEOs of U.S. public companies have significant influence over policy and political decisions.
CEO duality – the practice of combining the roles of the CEO and chairman of the board – has been the topic of one of the longest debates
Rising executive compensation has been subject of fierce public debates over the last decades.
We study if a CEO’s equity-based compensation affects the expected value generation in takeovers.
Two laboratory experiments show that investors perceive a CEO to be more committed to honesty when the CEO resisted, at a personal cost,
This paper reviews the theoretical and empirical literature on executive compensation.
There is considerable concern about the conflict of interest between the CEO and the shareholders when a firm is a target for an acquisit