The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Raids, Rewards, and Reputations in the Market for Managerial Talent
Open accessAbstract
We find that executives who jump to chief executive officer (CEO) positions at new employers come from firms that exhibit above-average stock price performance. This relationship is more pronounced for more senior executives. No such relationship exists for jumps to non-CEO positions. Stock options and restricted stock do not appear to significantly affect the likelihood of jumping ship, but the existence of an “heir apparent” on the management team increases the likelihood that executives will leave for non-CEO positions elsewhere. Hiring grants used to attract managers are correlated with the equity position forfeited at the prior employer and with the prior employer's performance.
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Cites
Improved Methods for Tests of Long‐Run Abnormal Stock Returns
Lyon, J. D., Barber, B. M., & Tsai, C. (1999) · The Journal of Finance · doi:10.1111/0022-1082.00101 · Cited by 1,828
Do Short-Term Objectives Lead to Under- or Overinvestment in Long-Term Projects?
Bebchuk, L. A., & Stole, L. A. (1993) · The Journal of Finance · doi:10.2307/2328920 · Cited by 418
Cited by
Common Ownership, Competition, and Top Management Incentives
Anton, M., Ederer, F., Gine, M., & Schmalz, M. C. (2016) · doi:10.2139/ssrn.2802332 · Cited by 150
Metadata
- Authors
- Fee, C. E., & Hadlock, C. J.
- Venue
- Review of Financial Studies
- Publisher
- Oxford University Press (OUP)
- Published
- 2003-08-11
- Volume
- 16
- Issue
- 4
- Pages
- 1315-1357
- ISSN
- 0893-9454 (ISSN-L)
- 1465-7368
- OpenAlex
- W2143147146
- Cited by
- 384
- References
- 2
- FWCI
- 26.11
- Type
- journal article
- Language
- en
- Open access
- green
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.