Detail An Analysis Of The Stock Price Reaction To Sudden Executive Deaths : Implications For The Managerial Labor Market (Journal of Accounting and Economics 7, 1985) Bibliografi Author: Magee, Robert P. ; Johnson, W. Bruce ; Nagarajan, Nandu J. ; Newman, Harry A. Topik: Managerial Labor Market; Managerial Employment Arrangements Bahasa: (EN )     Penerbit: Elsevier     Tempat Terbit: New York    Tahun Terbit: 1985     Jenis: Article - diterbitkan di jurnal ilmiah internasional Fulltext: An analysis of the stock price reaction to sudden executive deaths.pdf (1.73MB; 12 download) Abstract Certain characteristics of managerial employment arrangements and of the managerial labor market make shareholder wealth dependent on an executive's continued employment. These wealth effects are investigated by examining the common stock price reaction to unexpected deaths of senior corporate executives. Abnormal stock price changes are documented for a sample of fifty-three events. These abnormal stock price changes are associated with the executive's status as a corporate founder and with measures of the executive's `talents' and decision-making responsibility, and of the transaction costs associated with renegotiating or terminating the employment agreement. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Lihat Sejarah Pengadaan  Konversi Metadata   Kembali

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