information about suitable merger targets and to manage the merged corporation in case of an acquisition. Our results show that … obtain high-powered incentives and, hence, a high personal income at the merger-management stage. …

&A decisions. This study runs statistical regressions on the likelihood of a merger, whether the deal is diversifying, how much … variable of interest and including controls for firm characteristics, merger characteristics, industry, and year. This paper …

to redistribute merger proceeds to management. The current article highlights an overlooked distinction between pre-merger … golden parachutes and merger side-payments. Similar to a legislative rider attached to a popular bill, management can bundle …-it-or-leave-it merger vote. Because side-payments are bundled into a merger transaction, voting rights cannot adequately protect …

overconfident female directors less overestimate merger gains. As a result, firms with female directors are less likely to make …

We analyze the incentives of CEO inside debt in the form of pensions and deferred compensation in the context of merger … merger or acquisition activity. When firms with increasing levels of CEO inside debt decide to engage in an acquisition …