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Governance and Corporate Control: Compliments or Substitutes
College of Management Working Papers and Reports
  • Atreya Chakraborty, University of Massachusetts Boston
Document Type
Occasional Paper
Publication Date
In this paper we test for the motives for adopting golden parachutes and Anti Takeover Amendments (ATAs). Firms that exhibited financial characteristics that were associated with a greater probability of hostile raids were also more likely to adopt golden parachutes or ATAs. We also find evidence to support the hypothesis that the adoption of golden parachutes and poison pills may in fact be complement each other.

College of Management Working Paper 1009

Community Engaged/Serving
No, this is not community-engaged.
Citation Information
Atreya Chakraborty. "Governance and Corporate Control: Compliments or Substitutes" (2004)
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