How general is managerial human capital?: Evidence from the Retention of Managers after M&As
This paper investigates the transferability of managerial human capital by examining how managers’ tenures in target firms influence their probability of retention as board members after mergers or acquisitions in Japanese firms. It develops a general equilibrium model that distinguishes several hyp...
| Main Authors: | , , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2023-12-01
|
| Series: | IZA Journal of Labor Economics |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/izajole-2023-0008 |