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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Main Authors: | CHEN, Xia, CHENG, Qiang, Lo, Alvis, WANG, Xin |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2013
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Online Access: | https://ink.library.smu.edu.sg/soa_research/1034 |
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Institution: | Singapore Management University |
Language: | English |
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