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Corporate leaders pay considerable attention to the strategy and finances of their organization but often less attention to organizational features that impact whether their strategy is successful, including the decision-making structure and the incentives, values and culture that motivate...
Persistent link: https://www.econbiz.de/10011862128
Leveraged buyouts (LBO) are generally explained in terms of a governance mechanism that disciplines management. It is … operationalized by increasing the leverage of a firm, which has an implicit consequence of constraining management in the use of free … funds on the back of the acquired company's operating assets. A securitized LBO imposes explicit restrictions on management …
Persistent link: https://www.econbiz.de/10012995889
to be socially responsible and in the best long-term interests of its companies. There is no basis other than management …
Persistent link: https://www.econbiz.de/10013019663
Using shareholder voting records on management proposals, we find evidence of managerial influence on outcomes of close … reacts more positively to the narrow failure of management proposals than to their passage. Combined with our theoretical …
Persistent link: https://www.econbiz.de/10012899642
Staggered boards offer incumbent management considerable protection from hostile takeovers and proxy fights. However … in aligning management's interests with those of the shareholders …
Persistent link: https://www.econbiz.de/10014057586
We survey the theory and evidence of behavioral corporate finance, which generally takes one of two approaches. The market timing and catering approach views managerial financing and investment decisions as rational managerial responses to securities mispricing. The managerial biases approach...
Persistent link: https://www.econbiz.de/10013121566
world. In this respect, globalization is captured by capital flows, foreign investment, transnational enterprises, migration … space in organizations or open enterprises for themselves. In this paper, it is showed clearly that globalization has both …. Women in management at global level in Turkey proceed more compared to past years. …
Persistent link: https://www.econbiz.de/10008763207
have been formulated on the issues of improving the quality management in the hospitality enterprises, the solution of …The estimation of the basic tendencies of the development of enterprises in the hospitality industry in national and … functioning and development of enterprises in the hospitality industry are allocated. Negative macroeconomic factors that affect …
Persistent link: https://www.econbiz.de/10013554869
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