Takeovers and (excess) CEO compensation
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DOI: 10.1016/j.intfin.2017.06.003
Abstract: We study if a CEO’s equity-based compensation affects the expected value generation in takeovers. When the objectives of management and shareholders are more aligned, as proxied by the use of equity-based compensation, more value-maximizing acquisitions… read more here.
Keywords: equity based; excess ceo; based compensation; compensation ... See more keywords