Tesi etd-06162016-191701 |
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Tipo di tesi
Tesi di laurea magistrale
Autore
BOSCHETTI, FRANCO
URN
etd-06162016-191701
Titolo
M&A and CEO Compensation in Family Firms
Dipartimento
ECONOMIA E MANAGEMENT
Corso di studi
BANCA, FINANZA AZIENDALE E MERCATI FINANZIARI
Relatori
relatore Prof. Barontini, Roberto
Parole chiave
- ceo compensation
- corporate finance
- family firms
- mergers
Data inizio appello
04/07/2016
Consultabilità
Completa
Riassunto
This thesis is about CEO compensation, M&A activity and family firms.
In particular, the literature on M&A has enquired CEO incentives to undertake mergers and the relationship between M&A decisions and CEO compensation and turnover. The literature on family firms, on the other hand, has enquired their performance, also for M&A activity, and their CEO compensation. However, whether it exists, between family and non-family firms, a difference in the M&A-CEO compensation relation has received little attention. Considered the many other differences highlighted in recent years between family and non-family firms, as well as the importance of M&A decisions and the consequent relevance of the incentives for CEOs to undertake them, the topic appears worth a closer enquire.
In particular, the literature on M&A has enquired CEO incentives to undertake mergers and the relationship between M&A decisions and CEO compensation and turnover. The literature on family firms, on the other hand, has enquired their performance, also for M&A activity, and their CEO compensation. However, whether it exists, between family and non-family firms, a difference in the M&A-CEO compensation relation has received little attention. Considered the many other differences highlighted in recent years between family and non-family firms, as well as the importance of M&A decisions and the consequent relevance of the incentives for CEOs to undertake them, the topic appears worth a closer enquire.
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