haku: @author Beamish, P.W. / yhteensä: 11
viite: 3 / 11
Tekijä: | Matta, E. Beamish, P.W. |
Otsikko: | The accentuated CEO career horizon problem: evidence from international acquisitions |
Lehti: | Strategic Management Journal
2008 : JUL, VOL. 29:7, p. 683-700 |
Asiasana: | chief executive officers management careers models theories companies USA international |
Vapaa asiasana: | acquisitions |
Kieli: | eng |
Tiivistelmä: | A conceptual model of the career horizon problem of CEOs approaching retirement is developed and discussed specifically as to engagement in international acquisitions (hereafter as: int-aqs). Using a sample of 293 U.S. firms over a 5-year period from 1995 to 1999, it is found among others that a longer CEO career horizon is associated with a higher likelihood of int-aqs. etc. The study raises important considerations about the implications of CEOs' equity and in-the-money option holdings on firm risk taking. |
SCIMA