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I show that corporate directors' human capital facilitates international investments. Directors' prior cross-border investment experience causally increases current firms' propensities to internationalize business operations through cross-border acquisitions of foreign companies....
Persistent link: https://www.econbiz.de/10012905666
This paper presents a structure within which to think about incorporating managerial decision models and manager’s decisions into management research in general and foreign direct investment research more specifically. The thinking builds on Aharoni’s initial research in The Foreign...
Persistent link: https://www.econbiz.de/10014044444
Using a novel Hungarian dataset on firms and their Chief Executive Officers (CEOs), we estimate the impact of hiring expatriate CEOs. By examining foreign acquisitions where the new owner replaces the incumbent CEO with an expatriate or a local CEO, we address the selection into both acquisition...
Persistent link: https://www.econbiz.de/10014556622
analyze the effect of macroeconomic factors, namely, interest rates and the level of corporate taxation, on optimal executive … compensation; by contrast, as the level of corporate taxation increases the shift is toward option compensation …
Persistent link: https://www.econbiz.de/10013148489
Persistent link: https://www.econbiz.de/10008842016
Persistent link: https://www.econbiz.de/10001807908
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest firms...
Persistent link: https://www.econbiz.de/10010334038
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest firms...
Persistent link: https://www.econbiz.de/10010427621
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest firms...
Persistent link: https://www.econbiz.de/10010281035
The compensation of executive board members in Germany has become a highly controversial topic since Vodafone's hostile takeover of Mannesmann in 2000 and it is again in the spotlight since the outbreak of the financial crisis of 2009. Based on unique panel data evidence of the 500 largest firms...
Persistent link: https://www.econbiz.de/10010282632