Zobrazeno 1 - 10
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pro vyhledávání: '"Thomas Keusch"'
Autor:
Thomas Keusch
Publikováno v:
The Accounting Review. :1-22
Using hand-collected data on CEO appointments during shareholder activism campaigns, this study examines the relation between activist involvement in CEO recruiting and frictions in CEO hiring decisions. The results indicate that appointments of CEOs
Publikováno v:
Journal of Financial Economics. 137:1-41
An important milestone often reached in the life of an activist engagement is entering into a “settlement” agreement between the activist and the target's board. Using a comprehensive hand-collected data set, we analyze the drivers, nature, and c
Publikováno v:
The Accounting Review. 95:61-88
We investigate the audit fee response to CEO behavioral integrity (BI). BI refers to the perceived congruence between an individual's words and deeds (Simons 2002). Because low word-deed congruence should result in more explanations when communicatin
Publikováno v:
SSRN Electronic Journal.
Some firms in the technology sector choose to cooperate with competitors (“co-opetition”) in Standard Setting Organizations (SSOs). These SSOs create technology standards that facilitate rapid market penetration of new technologies such as Wi-Fi,
Autor:
Thomas Keusch
Publikováno v:
SSRN Electronic Journal.
Using hand-collected data on CEO appointments during shareholder activism campaigns, this study examines whether shareholder involvement in CEO recruiting affects frictions in CEO hiring decisions. The results indicate that appointments of CEOs who a
Publikováno v:
SSRN Electronic Journal.
Risk oversight has emerged as an important responsibility of corporate boards. At the same time, firms are increasingly recognizing the risks that social and environmental issues pose to investors and stakeholders. In this study, we examine the relat
Publikováno v:
SSRN Electronic Journal.
This paper shows evidence for the hypothesis that the CEO opportunistically times share repurchases around her grants of at-the-money stock options. We find that firms decrease their repurchase activity in the quarter before the stock option grant to
Publikováno v:
SSRN Electronic Journal.
Autor:
Thomas Keusch
Publikováno v:
SSRN Electronic Journal.
This study documents increases in incentives and decreases in decision rights for the CEOs of firms targeted by hedge fund activism campaigns. Compared to untargeted matched peer firms, CEOs of target firms have lower compensation-based incentives pr