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Mergers and Acquisitions and Executive Compensation by Virginia Bodolica (Englis

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Item specifics

Condition
New: A new, unread, unused book in perfect condition with no missing or damaged pages. See the ...
ISBN-13
9781138617964
Book Title
Mergers and Acquisitions and Executive Compensation
ISBN
9781138617964

About this product

Product Identifiers

Publisher
Routledge
ISBN-10
1138617962
ISBN-13
9781138617964
eBay Product ID (ePID)
15038645406

Product Key Features

Number of Pages
228 Pages
Language
English
Publication Name
Mergers and Acquisitions and Executive Compensation
Subject
Organizational Behavior, General, Accounting / Managerial, Mergers & Acquisitions, Corporate Finance / General
Publication Year
2018
Type
Textbook
Author
Virginia Bodolica, Martin Spraggon
Subject Area
Business & Economics
Series
Routledge Studies in Corporate Governance Ser.
Format
Trade Paperback

Dimensions

Item Weight
12 Oz
Item Length
9 in
Item Width
6 in

Additional Product Features

Intended Audience
College Audience
Dewey Edition
23
Illustrated
Yes
Dewey Decimal
338.8/3
Table Of Content
List of Figures List of Tables List of Abbreviations Preface Part I: Overview of M&As and Executive Compensation 1. M&A Activities: Global Portrait and Merger Motives 2. Incentive Design of Executive Compensation Packages 3. Conceptual Framework Linking M&As with Executive Compensation Part II: Bidders' Executive Compensation before the Deal 4. Impact of Bidding Executive Compensation on Bidder-Specific M&A Occurrence 5. Impact of Bidding Executive Compensation on M&A Characteristics Part III: Targets' Executive Compensation before the Deal 6. Impact of Target-Specific M&A Occurrence (Threat of Takeover) on Target Executive Compensation 7. Impact of Target Executive Compensation on M&A Characteristics Part IV: Acquirers' Executive Compensation after the Deal 8. Impact of M&A Characteristics on Executive Compensation of Acquiring Firms Part V: Discussion and Priorities for Future Research 9. Discussion of Extant Knowledge on M&As and Executive Compensation 10. Priorities for Future Research Endeavors in the Field About the Authors Index
Synopsis
Over the past decades, the total value of executive compensation packages has been rising dramatically, contributing to a wider pay gap between the chief executive officer and the average worker. In the midst of the financial turmoil that brought about a massive wave of corporate failures, the lavish executive compensation package has come under an intense spotlight. Public pressure has mounted to revise the levels and the structure of executive pay in a way that will tie more closely the executive wealth to that of shareholders. Merger and acquisition (M&A) activities represent an opportune setting for gauging whether shareholder value creation or managerial opportunism guides executive compensation. M&As constitute major examples of high-profile events prompted by managers who typically conceive them as a means for achieving higher levels of pay, even though they are frequently associated with disappointing returns to acquiring shareholders. Mergers and Acquisitions and Executive Compensation reviews the existing empirical evidence and provides an integrative framework for the growing body of literature that is situated at the intersection of two highly debated topics: M&A activities and executive compensation. The proposed framework structures the literature along two dimensions, such as M&A phases and firm's role in a M&A deal, allowing readers to identify three main streams of research and five different conceptualizations of causal relationships between M&A transactions and executive compensation. The book makes a comprehensive review of empirical studies conducted to date, aiming to shed more light on the current and emerging knowledge in this field of investigation, discuss the inconsistencies encountered within each stream of research, and suggest promising directions for further exploration. This book will appeal to researchers and students alike in the fields of organizational behavior and governance as well as accounting and accountability.
LC Classification Number
HD2746.5.B63 2018

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