Showing 1 - 10 of 1,993
In this paper, we investigate the consequences of fraud for CEOs and whether these consequences depend on CEO power. We … find that CEO power can reduce the likelihood of director turnover as well as CEO turnover after fraud detection. Further …, we find that CEO power is negatively related to long-term stock performance after fraud detection and this negative …
Persistent link: https://www.econbiz.de/10013046275
This study examines the implications of CEO power on the board structure of banks in the Ghanaian banking industry … show that CEO power underscores the absence or lack of gender composition of bank boards and constrains independent … the CEO power effect on bank board structure, such that the actual sign of the marginal effect of CEO power on bank board …
Persistent link: https://www.econbiz.de/10012057302
shareholder benefit. However, predicting CEO behaviour remains challenging, especially when considering CEO power (CEOP). Hence … 2010 to 2020. Utilizing the Entropy weight methodology, a CEOP index combines structural, ownership, and expert power … the Chief Executive Officer (CEO). Hence, this study explores the interaction between CEO power and firm risk-taking in …
Persistent link: https://www.econbiz.de/10014526511
This study investigates the role of media tone on CEO power and firm value. Using CEO pay slice (CPS) as a measure of … CEO power, we find that negative media tone is associated with a reduction in the change in CEO power. We also find that … firm performance can be explained by the interaction effects of positive media tone and the change in CEO power. Similarly …
Persistent link: https://www.econbiz.de/10012932307
relationship between pay and firm performance since the 1930s. Our review suggests that both managerial power and competitive …
Persistent link: https://www.econbiz.de/10008797772
importance and considerable power within the organization. By adopting a contingency perspective and drawing on the coalitional …-type strategies but not by its degree of internationalization. -- Power/resource dependency theory ; top management team ; finance … function ; chief financial officer ; organizational politics and power ; diversification ; generic business level strategies …
Persistent link: https://www.econbiz.de/10009502934
study aims to analyze the effect of CEO power (proxied by CEO ownership), and characteristics (CEO educational background …
Persistent link: https://www.econbiz.de/10014436113
This paper examines the relation between managerial power and compensation for Chief Executive Officers of S&P 500 … compensation as a “power premium” and investigate this power premium based on two competing views. The managerial ability view … argues that the power premium compensates CEOs for their better managerial talent while the managerial power view argues that …
Persistent link: https://www.econbiz.de/10012893667
Consistent with the view that “busy” analysts face time and effort constraints in monitoring firms, we find that higher busyness lowers firm valuation. The underlying mechanisms include lower operating performance, higher cost of capital, greater earnings management, excessive CEO...
Persistent link: https://www.econbiz.de/10012834629
Persistent link: https://www.econbiz.de/10012414328