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이준엽

Lee, Jun-Youp
CorpFin Lab.
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dc.citation.endPage 914 -
dc.citation.number 10 -
dc.citation.startPage 910 -
dc.citation.title APPLIED ECONOMICS LETTERS -
dc.citation.volume 29 -
dc.contributor.author Lee, Eunsuh -
dc.contributor.author Kim, Chaehyun -
dc.contributor.author Lee, Jun-Youp -
dc.date.accessioned 2023-12-21T14:45:40Z -
dc.date.available 2023-12-21T14:45:40Z -
dc.date.created 2021-03-22 -
dc.date.issued 2022 -
dc.description.abstract We investigate how powerful chief executive officers (CEOs) adopt antitakeover provisions (ATPs). Prior studies indicate that CEOs adopt ATPs to increase their private benefits and job security. However, our evidence reveals a nonmonotonic relationship between CEO power and ATPs. Specifically, relatively less powerful CEOs adopt more ATPs, supporting the managerial entrenchment hypothesis. However, when CEOs become sufficiently powerful, they adopt fewer ATPs, supporting the quiet life hypothesis. Overall, our findings support the notion that a simple linear relationship does not explain the effect of CEO power. -
dc.identifier.bibliographicCitation APPLIED ECONOMICS LETTERS, v.29, no.10, pp.910 - 914 -
dc.identifier.doi 10.1080/13504851.2021.1897510 -
dc.identifier.issn 1350-4851 -
dc.identifier.scopusid 2-s2.0-85102940378 -
dc.identifier.uri https://scholarworks.unist.ac.kr/handle/201301/50568 -
dc.identifier.url https://www.tandfonline.com/doi/full/10.1080/13504851.2021.1897510 -
dc.identifier.wosid 000630937500001 -
dc.language 영어 -
dc.publisher Chapman & Hall -
dc.title How powerful CEOs adopt antitakeover provisions? -
dc.type Article -
dc.description.isOpenAccess FALSE -
dc.relation.journalWebOfScienceCategory Economics -
dc.relation.journalResearchArea Business & Economics -
dc.type.docType Article -
dc.description.journalRegisteredClass ssci -
dc.description.journalRegisteredClass scopus -
dc.subject.keywordAuthor Antitakeover provisions -
dc.subject.keywordAuthor CEO power -
dc.subject.keywordAuthor Managerial entrenchment hypothesis -
dc.subject.keywordAuthor Quiet life hypothesis -

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