Chung, Huimin; Lin, Jane Raung; Yang, Ying Sui - In: Journal of Multinational Financial Management 22 (2012) 5, pp. 263-277
This study examines the impact of managerial entrenchment on non-shareholding stakeholders. We find that managers tend …. When managers have greater protection, they tend to establish good relationships with certain stakeholders, particularly … with regard to the natural environment. However, well-protected managers attempt to minimize any damage to workforce …