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Boards of Directors’ Self Interest: Expanding for Pay in Corporate Acquisitions?

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Author Info
S. Certo ()
Catherine Dalton
Dan Dalton
Richard Lester
Abstract

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File URL: http://hdl.handle.net/10.1007/s10551-006-9345-5
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Publisher Info
Article provided by Springer in its journal Journal of Business Ethics.

Volume (Year): 77 (2008)
Issue (Month): 2 (January)
Pages: 219-230
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:kap:jbuset:v:77:y:2008:i:2:p:219-230

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Web page: http://www.springerlink.com/link.asp?id=100281

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: acquisitions; agency theory; board of directors; director compensation;

References listed on IDEAS
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  1. Sandra Renfro Callaghan & P. Jane Saly & Chandra Subramaniam, 2004. "The Timing of Option Repricing," Journal of Finance, American Finance Association, vol. 59(4), pages 1651-1676, 08. [Downloadable!] (restricted)
  2. Halvorsen, Robert & Palmquist, Raymond, 1980. "The Interpretation of Dummy Variables in Semilogarithmic Equations," American Economic Review, American Economic Association, vol. 70(3), pages 474-75, June. [Downloadable!] (restricted)
  3. Kroll, Mark & Simmons, Susan A. & Wright, Peter, 1990. "Determinants of chief executive officer compensation following major acquisitions," Journal of Business Research, Elsevier, vol. 20(4), pages 349-366, June. [Downloadable!] (restricted)
  4. Fama, Eugene F & Jensen, Michael C, 1983. "Agency Problems and Residual Claims," Journal of Law & Economics, University of Chicago Press, vol. 26(2), pages 327-49, June.
  5. Carter, Mary Ellen & Lynch, Luann J., 2004. "The effect of stock option repricing on employee turnover," Journal of Accounting and Economics, Elsevier, vol. 37(1), pages 91-112, February. [Downloadable!] (restricted)
  6. Velamuri, Rama & Venkataraman, Sankaran, 2005. "Why stakeholder and stockholder theories are not necessarily contradictory: A knightian insight," IESE Research Papers D/591, IESE Business School. [Downloadable!]
  7. David A. Becher & Terry L. Campbell II & Melissa B. Frye, 2005. "Incentive Compensation for Bank Directors: The Impact of Deregulation," Journal of Business, University of Chicago Press, vol. 78(5), pages 1753-1778, September. [Downloadable!]
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  8. Sudip Datta, 2001. "Executive Compensation and Corporate Acquisition Decisions," Journal of Finance, American Finance Association, vol. 56(6), pages 2299-2336, December. [Downloadable!] (restricted)
  9. Grinstein, Yaniv & Hribar, Paul, 2004. "CEO compensation and incentives: Evidence from M&A bonuses," Journal of Financial Economics, Elsevier, vol. 73(1), pages 119-143, July. [Downloadable!] (restricted)
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