Separating the Wealth and Entrenchment Effects of Insider Ownership on Investment Performance
SSRN Electronic Journal, 2004This article makes two important contributions to the literature on the incentive effects of insider ownership. First, it presents a clean method for separating the positive wealth effect of insider ownership from the negative entrenchment effect, which can be applied to samples of companies from the US and any other country.
Klaus Peter Gugler +2 more
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Tax aggressiveness in family firms and the non-linear entrenchment effect
Journal of Family Business Strategy, 2016Abstract This article examines whether family firms are more tax aggressive than nonfamily firms when family involvement is greater. By testing our predictions on a panel of listed Italian firms, we find that the family status has a moderating non-linear effect on corporate tax aggressiveness, as too much family involvement (which is otherwise ...
Elisabetta Mafrolla, Eugenio D’Amico
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The Effect of Entrenched Boards on Corporate Risk-Taking: Testing the Quiet Life Hypothesis
SSRN Electronic Journal, 2013The quiet life hypothesis posits that entrenched managers are well insulated from removal and thus prefer to enjoy a quiet life, i.e. they tend to be less ambitious, avoid difficult decisions and engage in less risk-taking (Bertrand and Mullainathan, 2003). We utilize the staggered board (or classified board) to test this hypothesis.
P. Chintrakarn, N. Jiraporn, P. Jiraporn
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Stuck in a Rut: The Behavioral Entrenchment Effect
SSRN Electronic Journal, 2020Alicea Lieberman, On Amir, Ziv Carmon
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Effectively Responding to Structural Engineering Failure: Expertise and Cognitive Entrenchment
Journal of Performance of Constructed Facilities, 2014AbstractForensic structural engineering plays a critical role in identifying the cause of failure, providing advice in the immediate aftermath of catastrophic failures, and in some cases providing expert opinion in the event of legal disputes. Although many authors have addressed the challenges involved in training the next generation of forensic ...
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Entrenchment Effect and Tax Avoidance
The Korean Data Analysis Society, 2018Kang Deuk Choi, Hong Bok Ahn
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A study of the effect of managerial entrenchment on CEO turnover in Chinese listed companies
2009 International Conference on Management Science and Engineering, 2009The removal of poorly performing managers is a crucial mechanism by which owners maximize firm performance. However, managerial entrenchment can reduce the threat of CEO removal, even with evidence of poor performance. Managerial entrenchment refers to the extent to which fail to experience discipline from the full range of corporate governance and ...
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Excessive managerial entrenchment, corporate governance, and firm performance
Research in International Business and Finance, 2021Mustafa A Dah, Mostafa Harakeh
exaly
Modeling the effects of entrenchment and memory development on second language acquisition
2019The observation that language learning outcomes are less consistent the older one becomes has motivated a large portion of second language acquisition research (e.g., Hartshorne, Tenenbaum, & Pinker, 2018; DeKeyser, 2012). Hypotheses about the underlying mechanisms which lead to age-related declines are traditionally tested with human subjects ...
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The relationship between business strategy and management entrenchment
International Journal of Productivity and Performance Management, 2022, Arash Arianpoor
exaly