Luong, Hoa; Gunasekarage, Abeyratna; Shams, Syed - In: International Journal of Managerial Finance 18 (2021) 5, pp. 833-868
Purpose: This paper investigates the influence of tournament incentives, measured by Chief Executive Officer (CEO) pay slice (CPS), on the acquisition decisions of Australian firms. Design/methodology/approach: This study applies ordinary least squares regression analyses to a sample of 1,429...