Family Involvement, Inside Debt, and Geographic Distance of Acquisitions: Evidence from the U.S.
| dc.contributor.author | Sihan, Qi | |
| dc.contributor.examiningcommittee | Zheng, Steven (Accounting and Finance) Cui, Victor (Business Administration) Jiang, Depeng (Community Health Sciences) | en_US |
| dc.contributor.supervisor | Wu, Zhenyu (Business Administration) | en_US |
| dc.date.accessioned | 2017-09-06T19:44:29Z | |
| dc.date.available | 2017-09-06T19:44:29Z | |
| dc.date.issued | 2017 | |
| dc.degree.discipline | Business Administration | en_US |
| dc.degree.level | Master of Science (M.Sc.) | en_US |
| dc.description.abstract | This study investigates the joint effects of family involvement and CEO’s inside debt on firm’s decisions on acquisitions, especially on the geographical distance between the acquirer and target. The empirical findings indicate that family firm tends not to choose long-distance acquisitions for the sake of preservation of its socio-emotional wealth, and that family firm is less likely to set debt-like compensation in CEO’s incentive compensation package. More interestingly, while firms offering more inside debt to their CEOs tend to acquire targets far from their headquarters in general, this effect is weakened by family involvement. | en_US |
| dc.description.note | October 2017 | en_US |
| dc.identifier.uri | http://hdl.handle.net/1993/32460 | |
| dc.language.iso | eng | en_US |
| dc.rights | open access | en_US |
| dc.subject | family involvement, inside debt, acquisitions, geographical distance | en_US |
| dc.title | Family Involvement, Inside Debt, and Geographic Distance of Acquisitions: Evidence from the U.S. | en_US |
| dc.type | master thesis | en_US |
| local.subject.manitoba | yes | en_US |