Prior research finds that firms tend to select external CEO hires from companies with superior past performance and that this past performance is associated with a compensation premium in the hiring firm. We test whether this pay premium is associated with future performance in the hiring firm....

This paper examines whether CEOs with shorter initial contract lengths suffer from greater pressure and consequently engage in more visible efforts via mergers and acquisitions (M&As). By using CEO initial fixed-term contracts and exploiting U.K. corporate governance reform as an exogenous...

Small and medium enterprises are an important factor in the East African economies especially with respect to employment. The increasing competition through globalisation puts them under considerable pressure. Through the rapid spread of information and communication technologies (ICT) and ever...