Do firms’ earnings management practices affect their equity liquidity?

Do firm and state antitakeover provision

Do firm and state antitakeover provisions affect how well CEOs earn their pay?

✍ Scott W. Barnhart; Michael F. Spivey; John C. Alexander 📂 Article 📅 2000 🏛 John Wiley and Sons 🌐 English ⚖ 98 KB

## Abstract The relationship between CEO pay‐adjusted firm performance and firm‐specific antitakeover amendments and state antitakeover laws is examined. The findings suggest that the potential entrenchment resulting from the reduced threat of external control provided by antitakeover provisions ma