Mavruk, Taylan; Carlsson, Evert - In: Eurasian business review 5 (2015) 1, pp. 117-149
-term incentive plans and the market for corporate control. We first examine a number of measures for longterm investments in physical … and the market for corporate control. Using detailed data on ownership and incentive plans, we then relate these … governance variables to managerial myopia and show that concentrated ownership and the market for corporate control reduce …