of corporate governance. Findings – Our most important result is that the observed trade-off between CEO compensation and … informed trading holds only for large firms. There is no correlation between CEO cash compensation and the risk of informed … explained by a firm's governance structure. Research limitations/implications – Research finding a trade-off between CEO …

of corporate governance. Findings – Our most important result is that the observed trade‐off between CEO compensation and … informed trading holds only for large firms. There is no correlation between CEO cash compensation and the risk of informed … explained by a firm's governance structure. Research limitations/implications – Research finding a trade‐off between CEO …

cumulative effect of canceled mergers is negative. Furthermore, the market reaction to greenmail-induced takeover failure … still positive: suggesting that being put into play is still beneficial overall but that canceled mergers destroy value for …

Purpose – The purpose of this paper is to analyse the short-term wealth effects of mergers and acquisitions (M&As) in …

Purpose – This paper aims to examine mutual fund investors' response to mergers of Australian mutual fund companies …. Design/methodology/approach – Two matching-control techniques are employed to analyse the impact of mergers on excess money … to examine the impact of mergers on different types of parties to mergers. Findings – The results suggest that mergers …

benchmark of similar firms who did not acquire any targets. Findings – Mergers, especially in conjunction with cash payments …, are risk increasing transactions. Equity risk increases for cash mergers over three years following acquisitions. Mergers …