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We examine the impact of acquisitions by UK acquirers on executive pay. The overall sample shows a significant transitory pay increase. Pay changes are not affected by target nationality or organizational form, although initial cross-border acquisitions result in higher pay. Pay increases are...
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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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