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Firms enjoy wide discretion in their disclosure of patent-related events, which investors generally view as "good news" announcements. This study examines patent disclosure behavior before earnings announcements in light of managers incentives to avoid the stock price-related consequences of...
Persistent link: https://www.econbiz.de/10009450097
This thesis empirically studies the determinants of CEO employment contracts and the impacts of such agreements on managerial investment decisions. As of 2005, approximately half of S&P 500 CEOs had employment contracts. A typical contract protects the CEO by decreasing the probability he will...
Persistent link: https://www.econbiz.de/10009450153