Corporate short-termism—in the boardroom and in the courtroom
MJ Roe - The Business Lawyer, 2013 - JSTOR
A long-held view in corporate circles has been that furious rapid trading in stock markets has
been increasing in recent decades, justifying corporate governance and corporate law …
been increasing in recent decades, justifying corporate governance and corporate law …
CEO tenure and risk-taking
D Chen, Y Zheng - Global Business and Finance Review, 2014 - papers.ssrn.com
This paper conducts a systematic analysis of the effect of CEO tenure on risk-taking. We
document an overall positive relation between tenure and risk-taking. The results are …
document an overall positive relation between tenure and risk-taking. The results are …
CEO turnover and volatility under long-term employment contracts
P Cziraki, M Groen-Xu - Journal of Financial and Quantitative …, 2020 - cambridge.org
We study the role of the contractual time horizon of chief executive officers (CEOs) for CEO
turnover and corporate policies. Using hand-collected data on 3,954 fixed-term CEO …
turnover and corporate policies. Using hand-collected data on 3,954 fixed-term CEO …
미국의단기실적주의논쟁에관한고찰
최윤정 - 2017 - s-space.snu.ac.kr
미국의 주식소유구조는 우리나라와는 달리 강력한 지배주주가 존재하지 아니하고 주주들에게
분산되어 있다. 이러한 상황에서 주주들의 단기 투자적 성향은 곧 이사회나 경영진에 대한 실적 …
분산되어 있다. 이러한 상황에서 주주들의 단기 투자적 성향은 곧 이사회나 경영진에 대한 실적 …
[PDF][PDF] Aligning Age-Biased Risk-Adverse Behavior with Expected Enterprise Value Targets
RL Loggins - academia.edu
Age is strongly correlated with risk aversion. Where the risk aversion is manifest in
corporatedecision-making, this age bias may result in failure to maximize expected …
corporatedecision-making, this age bias may result in failure to maximize expected …