We find significant positive contemporaneous, short-run, and long-run effects of an increase in the acquisition rate on management compensation. The long-run effect of an additional deal completed each year by an average acquirer increases management's total, equity, and cash compensation by 21...

The theory of entrepreneurial rent posits that powerful incentives for managerial learning are provided by giving managers the opportunity to share the firm surplus, which further enhances the management cognition and situation awareness. These incentives enable management to seek cognitively...

Effective risk management is a core competency of successful entrepreneurs and investors. The entrepreneur should determine what the most important uncertainties are and how to test and mitigate those uncertainties at the lowest cost. Getting Funded develops frameworks and tools for...