Laguir, Issam; Staglianò, Raffaele - In: Economics Bulletin 34 (2014) 3, pp. 1361-1368
that the association between CEO power and TAG is non-monotonic. When the CEO is relatively less powerful, an increase in … CEO power leads to less TAG engagement. However, as the CEO becomes substantially more powerful, he is more entrenched and … invests more in TAG. In fact, when CEO power goes beyond a certain threshold, more powerful CEOs significantly increase TAG. …