. We consider how managers respond to stock price crashes. Management becomes more focused on improving transparency …

analysis based on a sample of top managers in the 100 largest German corporations between 1998 and 2008. Contrary to studies …

Managers whose equity-based incentives vest over a shorter time horizon appear to adopt strategies that reduce …

This paper examines whether high-ability managers’ earnings smoothing is motivated by the need to mitigate the adverse … effects of heightened information asymmetry triggered by mergers and acquisitions (M&As) on managers’ reputation capital (job … loss) and firm value. We document that acquirers led by high-ability managers engage in more pre-acquisition earnings …

This paper examines whether high-ability managers’ earnings smoothing is motivated by the need to mitigate the adverse … effects of heightened information asymmetry, triggered by mergers and acquisitions (M&As), on managers’ reputation capital … (job loss) and firm value. We document that acquirers led by high-ability managers engage in more pre-acquisition earnings …