Increase in takeover protection and firm knowledge accumulation strategy

• Main Authors: WANG, Heli, ZHAO, Shan, HE, Jinyu
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2016
• Subjects: takeover protection; firm-specific knowledge; firm-specific human capital; top managers; exogenous event; Business; Strategic Management Policy
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/5007; https://ink.library.smu.edu.sg/context/lkcsb_research/article/6006/viewcontent/Increase_in_takeover_protection_and_firm_knowledge_accumulation_strategy_av.pdf
• Institution: Singapore Management University

Research summary: We argue that the extent to which a firm faces takeover threats affects its knowledge structure. In particular, takeover threats may lead to managers' reluctance to adopt a strategy toward firm-specific knowledge accumulation because implementing this strategy requires them to...