I estimate a dynamic model in which a board of directors and a CEO interact to set the levels of CEO incentives and e¤ort. The intent is to understand the e¤ect that CEO incentives have on …rm value. In the model incentive levels are the result of CEO risk aversion, the cost of CEO e¤ort, the e¤ect of CEO e¤ort on …rm value, the volatility of shocks to …rm value, and the preference a board has ...

The conference started with musical audio on Dhanvantari Archana prepared by Dr. Shrikant Wagh and enchanting Ayats from Holy Quran were read. Dr. Mandar Bedekar was the master of ceremony of the inaugural function. Dato Dr. Lim, President and CEO DXN Company (Malaysia) inaugurated the conference. Other dignitaries present were President of the conference Dr. Jose Rugue of Sao Paulo, Brazil, Gu...

We extend the original work of Malmendier and Tate (2008) to cover the full spectrums of firm size, and a recent time period that includes the 1998-2001 merger wave. In particular, we explore the impact of target firm CEO overconfidence on firm M&A performance and the general impact of CEO overconfidence on firm long run post-M&A stock returns. We also examine the differential impact of CEO ove...

We examined the relationships among CEO perceived charisma, CEO compensation packages, and firm performance in a sample of Fortune 500 companies over a 10-year period. CEO charisma ratings obtained from company CFOs and VPs for HRM were directly related to total CEO pay but not to any firm performance measures. CEO perceived charisma also was related to shareholder value, under highly uncertain...

We identify several theories that each suggest a link between CEO turnover and changes among a firm’s top non-CEO managers. We then assess these links empirically using two panel data sets. We present five main findings. First, we find that CEO and non-CEO turnover are positively associated. Second, we do not find that this association is stronger when firm performance is poor. Third, this asso...

Background: An essential oil is a liquid that is generally distilled from the leaves, stems, flowers or other elements of a plant. Objective: Cumin (Cuminum cyminum L.) Essential Oil (CEO) was analyzed to determine oil component. Antifungal effect of CEO was determined by in vitro technique. In second stage, effect of different concentrations of CEO by PDM on postharvest life of strawberry (Fr...

Nanocrystalline particles of Cerium Oxide (CeO2) have been prepared by the chemical precipitation method using Cerium nitrate and Urea with a molar ratio of 1:2. The results revealed that the formation of CeO2 fine particles is influenced by molar ratio of metal nitrates to fuel. Well faceted CeO2 nanoparticles, were synthesized by thermal-assisted dissociation ...

Mesoporous photocatalysts of CeO2/SBA-15 are prepared by two methods of direct synthesis as solvent-usage and solvent-free methods. In solvent-usage method, CeO2/SBA-15 is synthesized in acidic media. While, in solvent-free method, CeO2/SBA-15, has been prepared through the novel path of directly grind cerium salt into the as-prepared samples of SBA-15 occluded ...

This theoretical article introduces the construct of CEO celebrity in order to explain how the tendency of journalists to attribute a firm’s actions and outcomes to the volition of its CEO affects such firm. In the model developed here, journalists celebrate a CEO whose firm takes strategic actions that are distinctive and consistent by attributing such actions and performance to the firm’s CEO...

We analyze changes in the composition of top management teams when a key member of the team (the CEO) departs. We find that the probability of non-CEO top manager turnover increases markedly around times of CEO turnover. Further, the magnitude of this increase depends on the relations between the tenure of the manager and tenures of the departing and incoming CEOs. Departure of a long-tenured C...