haku: @author Buchholtz, A.K. / yhteensä: 3
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Tekijä:Buchholtz, A.K.
Ribbens, B.A.
Houle, I.T.
Otsikko:The role of human capital in postacquisition CEO departure
Lehti:Academy of Management Journal
2003 : AUG, VOL. 46:4, p. 506-514
Asiasana:Human resource management
Human capital
Executives
Companies
Mergers
Kieli:eng
Tiivistelmä:This study examined the postacquisition departure of target firms' CEOs and found support for the predictions of Becker's (1962) human capital theory. Firms and CEOs appear to weigh the costs of firm-specific CEO human capital investment against 1. the window of time available for returns from that investment and 2. the perceived value of those returns. CEO age and acquisition relatedness were both significantly related to the rate of CEO postacquisition departure.
SCIMA tietueen numero: 247976
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