메뉴 건너뛰기




Volumn 4, Issue 1, 2004, Pages 24-30

Impact of top management power on corporate divestiture

Author keywords

Divestment; Senior management; United States of America

Indexed keywords


EID: 84986172502     PISSN: 14720701     EISSN: None     Source Type: Journal    
DOI: 10.1108/14720700410521934     Document Type: Article
Times cited : (7)

References (20)
  • 1
    • 0033431087 scopus 로고    scopus 로고
    • Causes and effects of corporate refocusing programs
    • Berger, P.G. and Ofek, E. (1999), “Causes and effects of corporate refocusing programs”, Review of Financial Studies, Vol. 12, pp. 311-45.
    • (1999) Review of Financial Studies , vol.12 , pp. 311-345
    • Berger, P.G.1    Ofek, E.2
  • 2
    • 84977730652 scopus 로고
    • Why hang on to losers? Divestitures and takeovers
    • Boot, A.W.A. (1992), “Why hang on to losers? Divestitures and takeovers”, Journal of Finance, Vol. 47, pp. 1401-23.
    • (1992) Journal of Finance , vol.47 , pp. 1401-1423
    • Boot, A.W.A.1
  • 3
    • 0002780568 scopus 로고    scopus 로고
    • Sources of CEO power and firm financial performance: a longitudinal assessment
    • Daily, C.M. and Johnson, J.L. (1997), “Sources of CEO power and firm financial performance: a longitudinal assessment”, Journal of Management, Vol. 23 No. 2, pp. 97-117.
    • (1997) Journal of Management , vol.23 , Issue.2 , pp. 97-117
    • Daily, C.M.1    Johnson, J.L.2
  • 4
    • 0031208943 scopus 로고    scopus 로고
    • Corporate focus and value creation: evidence from spinoffs
    • Daley, L., Mehrotra, V. and Sivakumar, R. (1997), “Corporate focus and value creation: evidence from spinoffs”, Journal of Financial Economics, Vol. 45, pp. 257-81.
    • (1997) Journal of Financial Economics , vol.45 , pp. 257-281
    • Daley, L.1    Mehrotra, V.2    Sivakumar, R.3
  • 6
    • 0026902902 scopus 로고
    • Power in top management teams: dimensions, measurement, and validation
    • Finkelstein, S. (1992), “Power in top management teams: dimensions, measurement, and validation”, Academy of Management Journal, Vol. 35 No. 3, pp. 505-38.
    • (1992) Academy of Management Journal , vol.35 , Issue.3 , pp. 505-538
    • Finkelstein, S.1
  • 7
    • 84934453985 scopus 로고
    • Property rights and the nature of the firm
    • Hart, O. and Moore, J. (1990), “Property rights and the nature of the firm”, Journal of Political Economy, Vol. 98, pp. 1119-58.
    • (1990) Journal of Political Economy , vol.98 , pp. 1119-1158
    • Hart, O.1    Moore, J.2
  • 8
    • 84986029684 scopus 로고
    • Agency costs of free cash flow, corporate finance, and takeovers
    • Jensen, M.C. (1986), “Agency costs of free cash flow, corporate finance, and takeovers”, American Economic Review, Vol. 76, pp. 323-9.
    • (1986) American Economic Review , vol.76 , pp. 323-329
    • Jensen, M.C.1
  • 9
    • 0010789921 scopus 로고
    • Asset sales and increase in focus
    • John, K. and Ofek, E. (1995), “Asset sales and increase in focus”, Journal of Financial Economics, Vol. 37, pp. 105-26.
    • (1995) Journal of Financial Economics , vol.37 , pp. 105-126
    • John, K.1    Ofek, E.2
  • 10
    • 0011606018 scopus 로고
    • Asset sales, firm performance, and the agency costs of managerial discretion
    • Lang, L., Poulsen, A. and Stulz, R. (1995), “Asset sales, firm performance, and the agency costs of managerial discretion”, Journal of Financial Economics, Vol. 37, pp. 3-37.
    • (1995) Journal of Financial Economics , vol.37 , pp. 3-37
    • Lang, L.1    Poulsen, A.2    Stulz, R.3
  • 11
  • 15
    • 85055297627 scopus 로고
    • The bases of power: origins and recent developments
    • Raven, B.H. (1993), “The bases of power: origins and recent developments”, Journal of Social Issues, Vol. 49 No. 4, pp. 227-51.
    • (1993) Journal of Social Issues , vol.49 , Issue.4 , pp. 227-251
    • Raven, B.H.1
  • 17
    • 45349109969 scopus 로고
    • Management entrenchment: the case of manager-specific assets
    • Shleifer, A. and Vishny, R. (1989), “Management entrenchment: the case of manager-specific assets”, Journal of Financial Economics, Vol. 25, pp. 123-39.
    • (1989) Journal of Financial Economics , vol.25 , pp. 123-139
    • Shleifer, A.1    Vishny, R.2
  • 18
    • 33845790377 scopus 로고
    • Outside directors and CEO turnover
    • Weisbach, M.S. (1988), “Outside directors and CEO turnover”, Journal of Financial Economics, Vol. 20, pp. 431-60.
    • (1988) Journal of Financial Economics , vol.20 , pp. 431-460
    • Weisbach, M.S.1
  • 19
    • 0032220675 scopus 로고    scopus 로고
    • Board games: how CEOs adapt to increases in structural board independence from management
    • Westphal, J.D. (1998), “Board games: how CEOs adapt to increases in structural board independence from management”, Administrative Science Quarterly, Vol. 43 No. 3, pp. 511-35.
    • (1998) Administrative Science Quarterly , vol.43 , Issue.3 , pp. 511-535
    • Westphal, J.D.1
  • 20
    • 0030551375 scopus 로고    scopus 로고
    • Antecedents of influence outcomes
    • Yukl, G., Kim, H. and Falbe, C.M. (1996), “Antecedents of influence outcomes”, Journal of Applied Psychology, Vol. 81 No. 3, pp. 309-17.
    • (1996) Journal of Applied Psychology , vol.81 , Issue.3 , pp. 309-317
    • Yukl, G.1    Kim, H.2    Falbe, C.M.3


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.