Managerial Slack - Publications - Faculty & Research

spring 1988
Article

April 2014
Article

Golden Parachutes and the Wealth of Shareholders

By: Lucian A. Bebchuk, Alma Cohen and Charles C.Y. Wang

Golden parachutes (GPs) have attracted substantial attention from investors and public officials for more than two decades. We find that GPs are associated with higher expected acquisition premiums and that this association is at least partly due to the effect of GPs... View Details

Keywords: Golden Parachute; Acquisitions; Takeovers; Acquisition Takeover; Acquisition Likelihood; Acquisition Premiums; Agency Costs; Managerial Slack; Dodd-Frank; Executive Compensation; Acquisition; Corporate Governance; Business and Shareholder Relations

20 Aug 2013
First Look

First Look: August 20

case: http://hbr.org/search/413127-PDF-ENG Harvard Business School Exercise 713-804 Competition Simulator Exercise In the "Competition Simulator Exercise," students explore through trial and error some important economic foundations of competitive strategy... View Details

Keywords: Anna Secino

13 Apr 2009
Research & Ideas

Kind of Blue: Pushing Boundaries with Miles Davis

limits of their technical mastery. He gave them some slack to work with, and asked them to do unusual things with it. It's interesting to think about and look at examples of companies that have the will to turn 180 degrees, of course, but... View Details

Keywords: by Martha Lagace; Music

01 Sep 2015
First Look

First Look -- September 1, 2015

found even in the absence of any compensation-based incentives to improve performance. Download working paper: https://www.hbs.edu/faculty/Pages/item.aspx?num=49496 Budgeting, Psychological Contracts, and Budgetary Slack By: Gallani,... View Details

Keywords: Sean Silverthorne

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