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This essential research review discusses the most important articles on executive compensation published in the twenty-first century. Beginning with an overview of executive compensation, this comprehensive review includes analyses of the growth and magnitude of executive compensation, its relationship with corporate governance, pay and performance, managing assets and managing liabilities.
This significant collection of articles comprises seminal works in recent empirical research on mergers and acquisitions. The papers provide a detailed analysis of fundamental questions such as the sources of gains in mergers and acquisitions, the role of activists in the takeover process, the existence of merger waves, the relevance of auction models in corporate takeovers and the measurement of bidder returns.
In this research review, Professor Filatochev examines critical governance issues relating to different stages of the business life cycle. He identifies and reviews the role of factors such as ownership structure, shareholder activism and corporate boards in different firm-level and industrial contexts.