One Hat Too Many : Key Executive Plurality and Shareholder Wealth  

Oleh:

Worrell, Dan L. ; Nemec, Carol ; Davidson, Wallace N.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 18 no. 6 (1997), page 499-507.
Topik: WEALTH; executive plurality; shareholder wealth

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.1 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

Tracing backward the career paths of the key executives of business week's 1990 listing of the 1000 most valuable publicly held companies, we empirically examined the impact of announced changes in key executive plurality on stockholder returns. We found the more comple the position consolidation, the more negative were the shareholder responses. To attempt to gain further understanding, the additional variables of executive's origin, the size of the board of directors of the firm, the proportion of outsiders on the board, and prior firm performance were examined.

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