Executive share ownership, trading behavior, and corporate control: Evidence from top management turnover during financial distress [An article from: Journal of Economics and Business]
Executive share ownership, trading behavior, and corporate control: Evidence from top management turnover during financial distress [An article from: Journal of Economics and Business]
This digital document is a journal article from Journal of Economics and Business, published by Elsevier in 2007. The article is delivered in HTML format and is available in your Amazon.com Media Library immediately after purchase. You can view it with any web browser.
Description:
While company stock ownership can encourage wealth-maximizing behavior among managers, we argue that ownership allows entrenchment of managers who own a large enough stake to reduce the possibility of their
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