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when merger bonuses are present in deals where targets exhibit high pre-takeover abnormal accruals or are subject to SEC …
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information asymmetries between shareholders and managers and, consequently, the potential for managerial opportunism, reducing …
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This study attempts to provide empirical evidence on the real motivation of CEOs to engage in corporate social responsibility. Based on the Agency and Stakeholder theories, the power of each component in the CEO compensation structure is employed. Moreover, a corporate governance index was...
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employed as a way of asset appropriation at the managers' discretion. The results also confirm that corporate governance is …
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