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International Influences on CEO Bonus - The Case of Swedish Acquiring CEOs

Bülow, Oscar and Prenker, Tomas (2008)
Department of Business Administration
Abstract
In our study we intend to investigate if there is a specific acquisition component, in line with Grinstein and Hribar’s study, in the bonus for CEOs in companies based in Sweden. The acquisition component will be studied in an international as well as in a domestic context, i.e. acquisitions of foreign and domestic companies. Using cross-sectional regression analysis, estimated with OLS, with Bonus of Swedish CEOs as dependent variable in order to test our hypotheses. The theoretical framework contains agency and corporate governance theories as well as previously made studies. We find weak support for the hypothesis that the CEO bonus increases as a consequence of making foreign acquisitions.
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author
Bülow, Oscar and Prenker, Tomas
supervisor
organization
year
type
H1 - Master's Degree (One Year)
subject
keywords
CEO Compensation, CEO Bonus, Mergers & Acquisitions, Cross-sectional regression, Management of enterprises, Företagsledning, management
language
Swedish
id
1474585
date added to LUP
2008-12-19
date last changed
2012-04-02 17:22:42
@misc{1474585,
  abstract     = {In our study we intend to investigate if there is a specific acquisition component, in line with Grinstein and Hribar’s study, in the bonus for CEOs in companies based in Sweden. The acquisition component will be studied in an international as well as in a domestic context, i.e. acquisitions of foreign and domestic companies. Using cross-sectional regression analysis, estimated with OLS, with Bonus of Swedish CEOs as dependent variable in order to test our hypotheses. The theoretical framework contains agency and corporate governance theories as well as previously made studies. We find weak support for the hypothesis that the CEO bonus increases as a consequence of making foreign acquisitions.},
  author       = {Bülow, Oscar and Prenker, Tomas},
  keyword      = {CEO Compensation,CEO Bonus,Mergers & Acquisitions,Cross-sectional regression,Management of enterprises,Företagsledning, management},
  language     = {swe},
  note         = {Student Paper},
  title        = {International Influences on CEO Bonus - The Case of Swedish Acquiring CEOs},
  year         = {2008},
}