Abstract We document that firms expect their CEOs’ compensation to exceed the median CEO of Institutional Shareholder Services (ISS) peers influence ISS revise these peer sets. Controlling for changes in firm characteristics uses select peers, we find applies an abnormally high turnover rate members sets and increases representation focal firms’ chosen peers. This results medians peers’ size. u...

In the last few decades, we have developed a substantial body of knowledge about CEO succession. However, except for some studies of family businesses that lack direct applicability to nonfamily CEO succession, the past studies of succession have not examined the very first succession event in a firm, when the Founder-CEO is replaced, on a largescale basis. The critical differences between late...

Abstrak: Pengaruh Masa Jabatan CEO Terhadap Manajemen Laba Akrual. sebagai pihak yang bertanggung jawab atas laporan keuangan perusahaan memiliki dorongan untuk melakukan praktik manajemen laba selama masa jabatannya demi tujuan pribadi CEO. jabatan terbatas dan peristiwa pergantian sudah seharusnya mendapatkan perhatian lebih dari para investor karena pada dasarnya, fase-fase terdapat dapat me...

Abstract Following executive turnovers big bath accounting is often observed. We investigate a new manager’s earnings management incentives in his first year office two-period model with career concerns and earnings’ lack of timeliness. determine the optimal incentive contract decompose equilibrium into two components: an explicit resulting from compensation implicit concerns. While always moti...

Introduction: Natural products can alleviate oxidative stress induced by toxic metals. This study evaluated antioxidant properties of clove essential oil (CEO), compared to oxidative deterioration of Cd. It was carried out by measuring growth performance parameters (BW, FI, and FCR), oxidative indices (TBARS, CP, CAT, SOD, and GPx), lipid profile (TG, TC, LDL-C, and HDL-C), and Cd bioaccumulati...

This study examined “new CEO dismissal”, i.e., a new CEO is dismissed within three years after succession. Based upon agency theory and human capital theory, we argue that new CEO dismissal may represent a correction to an inappropriate CEO selection and accordingly, succession contexts that tend to lead to an inappropriate CEO selection will increase the likelihood of new CEO dismissal. With a...

1-wt% Pd-CeO(2) catalysts were prepared by co-precipitation of Pd nanoparticles with ceria (Pd@CeO(2)-CP), by a microemulsion procedure (Pd@CeO(2)-ME), and by normal impregnation of Pd salts (Pd/CeO(2)-IMP) in order to test the concept that Pd-CeO(2) catalysts could be more stable for the water-gas-shift (WGS) reaction when the Pd is embedded in CeO(2). Initial WGS rates measured at 250 degrees...