Pigé, Benoît - In: Revue Finance Contrôle Stratégie 1 (1998) 3, pp. 131-158
The CEO, as an agent, tries to be better entrenched, in order to reduce the risk of being dismissed. Our entrenchment model develops the importance for the CEO to get access to networks and to attain a higher performance. From a sample of 1 747 annual observations concerning 258 CEOs of public...