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Corporate Social Responsability and Managerial Entrenchment [PDF]

open access: possible, 2004
When stakeholder protection is left to the voluntary initiative of managers, relations with social activists may become an effective entrenchment strategy for inefficient CEOs. We thus argue that managerial turnover and firm value are increased by the institutionalization of stakeholder protection depriving incumbent CEOs of activists' support.
Giovanni Cespa, Giacinta Cestone
openaire  

Managerial Entrenchment with Strategic Information Technology: A Dynamic Perspective

Journal of Management Information Systems, 2009
Some economic and informational problems associated with organizational information technology (IT) spending may be attributed to managerial rent-seeking. Because of the unavoidable incompleteness of labor contracts, managers with misaligned incentives and budgetary discretion could entrench themselves through their non-value-maximizing adoption ...
openaire   +1 more source

A dynamic model of managerial entrenchment and the positive incentives it creates

Journal of Economic Dynamics and Control, 2019
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
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Delaware Incorporation and Managerial Entrenchment

SSRN Electronic Journal, 2012
Murali Jagannathan, Adam C. Pritchard
openaire   +1 more source

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