The end of the corporate life cycle

Autor: Loderer, Claudio, Wälchli, Urs

Publikováno v: Loderer, Claudio; Wälchli, Urs (25 January 2013). The end of the corporate life cycle (Unpublished). In: European Finance Association Meetings. Cambridge. 28.-31. August 2013.
Loderer, Claudio; Wälchli, Urs (25 January 2013). The end of the corporate life cycle (Unpublished). In: Association Francaise de Finance (AFFI) Meetings. Lyon. 28.-31. Mai 2013.
Loderer, Claudio; Wälchli, Urs (25 January 2013). The end of the corporate life cycle (Unpublished). In: Swiss Finance Institute Research Day. Studienzentrum Gerzensee.

This paper asks how takeover and failure hazards change as listed firms get older. The hypothesis is that they increase because firms gradually run out of growth opportunities. We find the opposite. Both takeover and failure hazard drop significantly

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=dedup_wf_001::6ea469a127d2a27978a2d507886fdabd
https://boris.unibe.ch/38851/7/232.pdf

Old captains at the helm: chairman age and firm performance

Autor: Wälchli, Urs, Zeller, Jonas

This paper examines whether the chairmen of the boards (COBs) impose their life cycles on the firms over which they preside. Using a large sample of unlisted firms, we find a robust negative relation between COB age and firm performance. COBs age muc

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_________::024be55e3317884549660c6f6ed03ac0

Corporate Governance von Schweizer Verwaltungsräten

Autor: Wälchli, Urs

Zugl.: Bern, Univ., Diss., 2008
Text dt. und engl.

Externí odkaz: http://d-nb.info/994502753/04
http://www.dissertation.de/buch.php3?buch=5818
http://deposit.d-nb.de/cgi-bin/dokserv?id=3313054&prov=M&dok_var=1&dok_ext=htm

First height comparison of noctilucent clouds and simultaneous PMSE.

Autor: Wälchli, Urs, Stegman, Jacek, Witt, Georg, Cho, John Y. N., Miller, Clark A., Kelley, Michael C., Swartz, Wesley E.

Publikováno v: Geophysical Research Letters; 1993, Vol. 20 Issue 24, p2845-2848, 4p

Limited Managerial Attention and Corporate Aging

Autor: Claudio F. Loderer, Renn Stulz, Urs Waelchli

Publikováno v: Loderer, Claudio; Stulz, René; Wälchli, Urs (September 2012). Limited managerial attention and corporate aging (Unpublished). In: Research Seminar. Stockholm School of Economics.
Loderer, Claudio; Wälchli, Urs; Stulz, René M. (September 2013). Limited managerial attention and corporate aging (Unpublished) (NBER Working Paper 19428). National Bureau of Economic Research

As firms have more assets in place, more of management’s limited attention is focused on managing assets in place rather than developing new growth options. Consequently, as firms grow older, they have fewer growth options and a lower ability to ge

Externí odkaz: https://explore.openaire.eu/search/publication?articleId=doi_dedup___::964ce5fc111b6e5ea23c85088961f8a1
http://www.nber.org/papers/w19428.pdf