The governance transfer of blockholders: Evidence from block acquisitions and earnings management around the world

L Dai, R Dharwadkar, L Shi, B Zhang - Journal of Corporate Finance, 2017 - Elsevier
We examine the governance transfer effect of corporate blockholders in a sample of 892
block acquisitions across 42 countries from 1990 to 2008. Using earnings management as a …

[PDF][PDF] Banking industry deregulation and CEO incentives: Evidence from bank CEO turnover

RM Hayes, XS Tian, X Wang - Woking paper, 2015 - accounting.wharton.upenn.edu
The recent financial crisis has led to unprecedented interest and debate about whether risk-
taking incentives provided to bank CEOs played a role in the crisis. We add to this debate by …