paper provides empirical evidence on post-merger mobility and productivity of 673 inventors employed by European acquisition … with the merged entity; 2.) inventors that left the acquired firm are less productive in post-merger years than those that …

acquisitions, we find that overall CEO turnover rates are about one third higher following deals where the CEO delegates to a … senior manager versus deals with no observable delegation. The delegation-turnover relation is strongest when deals are … following delegated deals than non-delegated deals, consistent with delegation signaling an orderly succession. The delegation-turnover …