The impact of personal and managerial traits on firm value / by Maxmilian Ibel. [2014]
Content
Acronyms
List of Tables
List of Figures
1 Introduction
2 Literature
3 Methodology, Sample Data and Event Study Results
4 Efficient Market Hypothesis
4.1 Overview on the Efficient Market Hypothesis
4.2 Empirical Findings and Critics
4.3 EMH and Sudden Death Analysis
5 Hypotheses and Measures
5.1 Hypotheses
5.2 Proxies for Personal Characteristics
5.3 Proxies for Managerial Characteristics
5.4 Control Variables and Regression Model
6 Impact of Personal and Managerial Traits on Firm Value
6.1 Whole Sample Analysis
6.1.1 Sample on Personal and Managerial Characteristics
6.1.2 Empirical Analysis and Interpretation on Personal Characteristics
6.1.3 Empirical Analysis and Interpretation on Managerial Characteristics
6.2 CEO und Chairmen Subsamples
6.3 More Subsample Analyses
6.3.1 Managerial Traits as Separator and Empirical Results
6.3.2 Other Separators Subsample and Empirical Results
6.4 Robustness Checks
6.5 Conclusion on Results of Sudden Death Analysis
7 Impact of Personal and Managerial Traits of Successors on Firm Value
7.1 Arising Problems and Lack in Literature
7.2 Hypotheses
7.3 Data, Descriptive Statistics and Empirical Analysis
7.4 Quick Replacements
7.5 Conclusion on Results of Successor Analysis
8 Impact of Personal and Managerial Traits of Outside Directors on Firm Value
9 Conclusion
Bibliography
Appendix