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that managers tend to be more myopic when firms are exposed to hostile takeover threats. Managers will put less effort into …Although the role of managers is crucial in shaping firm innovation, it also poses a dilemma. Because innovation is a … complicated and long-term process that requires effort and attention, managers may reduce effort in innovation when faced with …
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The quiet life hypothesis argues that, when managers are insulated from the discipline of the takeover market, they … quiet life hypothesis, where managers adopt riskier CSR strategies and investments when they are more exposed to takeover … words, they prefer to live a “quiet life”. Exploiting a distinctive measure of takeover vulnerability principally based on …
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redeployability significantly, corroborating the managerial myopia hypothesis. Hostile takeover threats reduce managers' job security …AbstractPurpose - Exploiting two novel measures of takeover vulnerability and asset redeployability, we investigate the … effect of the takeover market on redeployable assets. Redeployable assets are those with alternative uses. Asset …
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