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Cited by 384

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 access
Fee, C. Edward, Hadlock, Charles J.·2003·Review of Financial Studies

Abstract

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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Crossref · 10.1093/rfs/hhg031

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Metadata

Authors
Fee, C. E., & Hadlock, C. J.
Venue
Review of Financial Studies
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.