CEO contractual protection and managerial short-termism

CEO contractual protection and managerial short-termism

How to address managerial short-termism has been an important issue for companies, regulators, and researchers. In this paper we examine the impact of CEO contractual protection, in the form of employment agreement and severance pay agreement, on managerial short-termism. We find that firms with CEO...

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Bibliographic Details
Main Authors: CHEN, Xia, CHENG, Qiang, Lo, Alvis, WANG, Xin
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2012
Subjects:
employment agreement
severance pay agreement
managerial short-termism
Accounting
Corporate Finance
Human Resources Management
Online Access:https://ink.library.smu.edu.sg/soa_research/879
http://www.london.edu/assets/documents/facultyandresearch/Chen_Cheng_Lo_Wang.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soa_research/879
http://www.london.edu/assets/documents/facultyandresearch/Chen_Cheng_Lo_Wang.pdf

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