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The Problem with Entrenchment

Management Entrenchment, Agency Problem and Audit Fees

Management Entrenchment, Agency Problem and Audit Fees

... that entrenchment provisions entrench management and induce inefficient or opportunistic ...that entrenchment provisions are adopted to attract good managers to pursue long-term ...and entrenchment ...

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Preemption versus Entrenchment: Towards a Construction-General Solution to the Problem of the Retreat from Verb Argument Structure Overgeneralization

Preemption versus Entrenchment: Towards a Construction-General Solution to the Problem of the Retreat from Verb Argument Structure Overgeneralization

... the entrenchment hypothesis that the greater the overall frequency of the verb, regardless of construction, the lower the acceptability of the error, at least for the two older ...while entrenchment appears ...

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Preemption versus entrenchment : towards a construction general solution to the problem of the retreat from verb argument structure overgeneralization

Preemption versus entrenchment : towards a construction general solution to the problem of the retreat from verb argument structure overgeneralization

... the entrenchment hypothesis that the greater the overall frequency of the verb, regardless of construction, the lower the acceptability of the error, at least for the two older ...while entrenchment appears ...

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Anticompetitive Entrenchment

Anticompetitive Entrenchment

... this entrenchment approach requires the government to reach into the business conduct of oligopolists, coming close to the bureaucratic regulation of businesses that antitrust policy has historically ...the ...

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Commitment and Entrenchment in  Corporate Governance

Commitment and Entrenchment in Corporate Governance

... It is thus unsurprising that creditors, as a group, are regarded by the law as “a useful proxy for the wider nonshareholder social interests in firm success.” 238 Indeed, as fixed claimants, creditors and other ...

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Managerial ownership, entrenchment and innovation.

Managerial ownership, entrenchment and innovation.

... principal-agent problem may result in different decision making ...Clearly, entrenchment will exert a particularly strong impact if risk of dismissal is highly ...activities entrenchment might exert ...

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Managerial ownership, entrenchment and innovation

Managerial ownership, entrenchment and innovation

... principal-agent problem may result in different decision making ...Clearly, entrenchment will exert a particularly strong impact if risk of dismissal is highly ...activities entrenchment might exert ...

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KeepingtheBoardintheDark: CEO Compensation and Entrenchment

KeepingtheBoardintheDark: CEO Compensation and Entrenchment

... Institutional investors in many countries have recently turned against large CEO compen- sation packages, mainly in response to public pressure. 24 Policymakers have also rallied against generous CEO option grants. For ...

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Corporate Governance, Economic Entrenchment and Growth

Corporate Governance, Economic Entrenchment and Growth

... Around the world, large corporations usually have controlling owners, who are usually very wealthy families. Outside the U.S. and the U.K., pyramidal control structures, cross shareholding and super voting rights are ...

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Essays on Executive Compensation and Managerial Entrenchment.

Essays on Executive Compensation and Managerial Entrenchment.

... agency problem s in CEO com pensation contracts th a t may provide th e CEO w ith a m isaligned incentive to undertake an acquisition, even if it at th e cost of shareholders’ ...

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Ownership, Economic Entrenchment and Allocation of Capital

Ownership, Economic Entrenchment and Allocation of Capital

... However, this is unlikely to be a problem in our study since our variables were specifically defined to provide consistent estimation across countries. This is the reason we replace value-added with sales as our ...

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Cross-Ownership: A Device for Management Entrenchment?

Cross-Ownership: A Device for Management Entrenchment?

... this problem, Crama, Leruth, and Wang (2009) and Wang (2009) suggest making the float vote in a stochastic way that does not guarantee convergence toward ...

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Is managerial entrenchment always bad? A CSR approach

Is managerial entrenchment always bad? A CSR approach

... in entrenchment have a positive impact on the CSR of the subsequent period; this is the case with both the Anglo-Saxon model of governance based on external control mechanisms (column 2) and the Continental model ...

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IS MANAGERIAL ENTRENCHMENT ALWAYS BAD? A CSR APPROACH

IS MANAGERIAL ENTRENCHMENT ALWAYS BAD? A CSR APPROACH

... this problem? One possibility is to regulate CSR in order to avoid ...of entrenchment might be to transfer part of the ownership to such ...an entrenchment strategy based on ...

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Ethnic inequalities under New Labour: progress or entrenchment?

Ethnic inequalities under New Labour: progress or entrenchment?

... the problem of disproportionality was to attempt to tighten the regulation of powers with a revised Police and Criminal Evidence Act 1984 Code of Practice A 6 ...

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Managerial Entrenchment and Open-Market Share. Repurchases: The Case of Taiwan

Managerial Entrenchment and Open-Market Share. Repurchases: The Case of Taiwan

... This study examines the impact of minority shareholder protection on open-market share repurchases. When controlling owners commit low level of equity investment but retain tight control of their firms, the discrepancy ...

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Job Protection vs  Contracts At Will: Trading off Entrenchment and Shirking

Job Protection vs Contracts At Will: Trading off Entrenchment and Shirking

... 3 Contracting under Employment Protection Recall that the presently considered contract does not give the …rm the right to dismiss the agent before the …nal period t = 4. Still, period t = 3 could be important as there ...

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Poornography and the Entrenchment of Western Hegemony: Deconstructing the Kony 2012 Video

Poornography and the Entrenchment of Western Hegemony: Deconstructing the Kony 2012 Video

... At various points under Museveni's presidency, Uganda was declared a success story by mainstream economists and development experts for its embrace of liberal macroeconomic reforms and some reduction in poverty (but for ...

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Managerial Entrenchment and Corporate Bond Financing: Evidence from Japan

Managerial Entrenchment and Corporate Bond Financing: Evidence from Japan

... Descriptive statistics for variables are provided in Table 1. Note that we remove the extreme values to ensure robust results. 3 3. Results Table 2 provides tobit regression estimates for the determinants of straight ...

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Entrenchment Illusion: The Curious Case of Egypt’s Constitutional Entrenchment Clause

Entrenchment Illusion: The Curious Case of Egypt’s Constitutional Entrenchment Clause

... constitutional entrenchment provision could also serve a temporary purpose that is to make a certain principle, value, or resolution unamendable for a defined period of ...Such entrenchment is likely to be ...

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