{"id":"https://openalex.org/W3045216477","doi":"https://doi.org/10.1111/jbfa.12480","title":"Is an M&A self\u2010dealing? Evidence on international and domestic acquisitions and CEO compensation","display_name":"Is an M&A self\u2010dealing? Evidence on international and domestic acquisitions and CEO compensation","publication_year":2020,"publication_date":"2020-07-21","ids":{"openalex":"https://openalex.org/W3045216477","doi":"https://doi.org/10.1111/jbfa.12480","mag":"3045216477"},"language":"en","primary_location":{"id":"doi:10.1111/jbfa.12480","doi":"https://doi.org/10.1111/jbfa.12480","is_oa":false,"landing_page_url":"https://doi.org/10.1111/jbfa.12480","pdf_url":null,"source":{"id":"https://openalex.org/S48254654","display_name":"Journal of Business Finance &amp Accounting","issn_l":"0306-686X","issn":["0306-686X","1468-5957"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business Finance &amp; Accounting","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5035879483","display_name":"Jongmoo Jay Choi","orcid":"https://orcid.org/0000-0001-8499-8522","observed_orcids":["https://orcid.org/0000-0001-8499-8522","https://orcid.org/0000-0003-0914-5989"]},"institutions":[{"id":"https://openalex.org/I84392919","display_name":"Temple University","ror":"https://ror.org/00kx1jb78","country_code":"US","type":"education","lineage":["https://openalex.org/I84392919"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Jongmoo Jay Choi","raw_affiliation_strings":["Fox School of Business, Temple University, Philadelphia, PA, USA"],"raw_orcid":"https://orcid.org/0000-0001-8499-8522","affiliations":[{"raw_affiliation_string":"Fox School of Business, Temple University, Philadelphia, PA, USA","institution_ids":["https://openalex.org/I84392919"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5051428192","display_name":"Omer Faruk Genc","orcid":"https://orcid.org/0000-0001-7747-1095","observed_orcids":["https://orcid.org/0000-0001-7747-1095"]},"institutions":[{"id":"https://openalex.org/I161203489","display_name":"Youngstown State University","ror":"https://ror.org/038zf2n28","country_code":"US","type":"education","lineage":["https://openalex.org/I161203489"]}],"countries":["US"],"is_corresponding":true,"raw_author_name":"Omer F. Genc","raw_affiliation_strings":["Williamson College of Business Administration, Youngstown State University, Youngstown, OH, USA"],"raw_orcid":"https://orcid.org/0000-0001-7747-1095","affiliations":[{"raw_affiliation_string":"Williamson College of Business Administration, Youngstown State University, Youngstown, OH, USA","institution_ids":["https://openalex.org/I161203489"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5017127951","display_name":"Ming Ju","orcid":"https://orcid.org/0000-0001-5590-0434","observed_orcids":["https://orcid.org/0000-0001-5590-0434"]},"institutions":[{"id":"https://openalex.org/I919208787","display_name":"Louisiana Tech University","ror":"https://ror.org/04q9esz89","country_code":"US","type":"education","lineage":["https://openalex.org/I2799628689","https://openalex.org/I919208787"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Ming Ju","raw_affiliation_strings":["College of Business, Louisiana Tech University, Ruston, LA, USA"],"raw_orcid":"https://orcid.org/0000-0001-5590-0434","affiliations":[{"raw_affiliation_string":"College of Business, Louisiana Tech University, Ruston, LA, USA","institution_ids":["https://openalex.org/I919208787"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5051428192"],"corresponding_institution_ids":["https://openalex.org/I161203489"],"apc_list":{"value":2900,"currency":"USD","value_usd":2900},"apc_paid":null,"fwci":1.3936,"has_fulltext":false,"cited_by_count":14,"citation_normalized_percentile":{"value":0.84177215,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":89,"max":98},"biblio":{"volume":"47","issue":"9-10","first_page":"1290","last_page":"1315"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10415","display_name":"International Business and FDI","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10081","display_name":"Auditing, Earnings Management, Governance","score":0.0,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/mergers-and-acquisitions","display_name":"mergers and acquisitions","score":0.9760000109672546},{"id":"https://openalex.org/keywords/ceo-compensation","display_name":"CEO compensation","score":0.8220000267028809},{"id":"https://openalex.org/keywords/international-acquisitions","display_name":"foreign acquisitions","score":0.902999997138977},{"id":"https://openalex.org/keywords/domestic-acquisitions","display_name":"domestic acquisitions","score":0.9710000157356262},{"id":"https://openalex.org/keywords/incentive-based-compensation","display_name":"incentive-based compensation","score":0.8600000143051147},{"id":"https://openalex.org/keywords/agency-theory","display_name":"agency theory","score":0.7229999899864197},{"id":"https://openalex.org/keywords/stewardship-theory","display_name":"stewardship theory","score":0.9610000252723694},{"id":"https://openalex.org/keywords/reputation-theory","display_name":"reputation theory","score":0.9330000281333923},{"id":"https://openalex.org/keywords/matching-theory","display_name":"matching theory","score":0.9819999933242798},{"id":"https://openalex.org/keywords/ceo-tenure","display_name":"CEO tenure","score":0.9919999837875366},{"id":"https://openalex.org/keywords/executive-compensation","display_name":"executive compensation","score":0.4690000116825104}],"concepts":[{"id":"https://openalex.org/C151392489","wikidata":"https://www.wikidata.org/wiki/Q5419946","display_name":"Executive compensation","level":3,"score":0.7834683060646057},{"id":"https://openalex.org/C2780023022","wikidata":"https://www.wikidata.org/wiki/Q1338171","display_name":"Compensation (psychology)","level":2,"score":0.7452644109725952},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.6757552027702332},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6662124395370483},{"id":"https://openalex.org/C200707436","wikidata":"https://www.wikidata.org/wiki/Q1053211","display_name":"Principal\u2013agent problem","level":3,"score":0.6200430393218994},{"id":"https://openalex.org/C48798503","wikidata":"https://www.wikidata.org/wiki/Q877546","display_name":"Reputation","level":2,"score":0.5867679715156555},{"id":"https://openalex.org/C2777950569","wikidata":"https://www.wikidata.org/wiki/Q17021836","display_name":"Stewardship (theology)","level":3,"score":0.5458869934082031},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.5002391338348389},{"id":"https://openalex.org/C108170787","wikidata":"https://www.wikidata.org/wiki/Q3951828","display_name":"Agency (philosophy)","level":2,"score":0.4948064684867859},{"id":"https://openalex.org/C548217281","wikidata":"https://www.wikidata.org/wiki/Q731112","display_name":"Mergers and acquisitions","level":2,"score":0.4571724534034729},{"id":"https://openalex.org/C40700","wikidata":"https://www.wikidata.org/wiki/Q1411783","display_name":"Industrial organization","level":1,"score":0.3625675439834595},{"id":"https://openalex.org/C39389867","wikidata":"https://www.wikidata.org/wiki/Q380767","display_name":"Corporate governance","level":2,"score":0.2678195536136627},{"id":"https://openalex.org/C175444787","wikidata":"https://www.wikidata.org/wiki/Q39072","display_name":"Microeconomics","level":1,"score":0.25150245428085327},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.19780588150024414},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.17278245091438293},{"id":"https://openalex.org/C15744967","wikidata":"https://www.wikidata.org/wiki/Q9418","display_name":"Psychology","level":0,"score":0.07812362909317017},{"id":"https://openalex.org/C138885662","wikidata":"https://www.wikidata.org/wiki/Q5891","display_name":"Philosophy","level":0,"score":0.0},{"id":"https://openalex.org/C111472728","wikidata":"https://www.wikidata.org/wiki/Q9471","display_name":"Epistemology","level":1,"score":0.0},{"id":"https://openalex.org/C11171543","wikidata":"https://www.wikidata.org/wiki/Q41630","display_name":"Psychoanalysis","level":1,"score":0.0},{"id":"https://openalex.org/C36289849","wikidata":"https://www.wikidata.org/wiki/Q34749","display_name":"Social science","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C94625758","wikidata":"https://www.wikidata.org/wiki/Q7163","display_name":"Politics","level":2,"score":0.0},{"id":"https://openalex.org/C144024400","wikidata":"https://www.wikidata.org/wiki/Q21201","display_name":"Sociology","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1111/jbfa.12480","doi":"https://doi.org/10.1111/jbfa.12480","is_oa":false,"landing_page_url":"https://doi.org/10.1111/jbfa.12480","pdf_url":null,"source":{"id":"https://openalex.org/S48254654","display_name":"Journal of Business Finance &amp Accounting","issn_l":"0306-686X","issn":["0306-686X","1468-5957"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-2","jufo-2","norway-1","poland-100","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320595","host_organization_name":"Wiley","host_organization_lineage":["https://openalex.org/P4310320595"],"host_organization_lineage_names":["Wiley"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Business Finance &amp; Accounting","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":82,"referenced_works":["https://openalex.org/W72784052","https://openalex.org/W1508761556","https://openalex.org/W1516419149","https://openalex.org/W1542784301","https://openalex.org/W1593924347","https://openalex.org/W1617998408","https://openalex.org/W1968797226","https://openalex.org/W1975788149","https://openalex.org/W1977307460","https://openalex.org/W1988391469","https://openalex.org/W1993987322","https://openalex.org/W1996942721","https://openalex.org/W2001562707","https://openalex.org/W2003101455","https://openalex.org/W2011805535","https://openalex.org/W2017016968","https://openalex.org/W2021918968","https://openalex.org/W2022358348","https://openalex.org/W2022377851","https://openalex.org/W2034403759","https://openalex.org/W2036470724","https://openalex.org/W2045427766","https://openalex.org/W2046841332","https://openalex.org/W2049888066","https://openalex.org/W2052311626","https://openalex.org/W2075857658","https://openalex.org/W2088658400","https://openalex.org/W2089087592","https://openalex.org/W2089740740","https://openalex.org/W2093304870","https://openalex.org/W2101376317","https://openalex.org/W2103138323","https://openalex.org/W2110418331","https://openalex.org/W2111199605","https://openalex.org/W2113365101","https://openalex.org/W2115468428","https://openalex.org/W2122929840","https://openalex.org/W2127735790","https://openalex.org/W2130209614","https://openalex.org/W2140918013","https://openalex.org/W2142831770","https://openalex.org/W2149668926","https://openalex.org/W2150569333","https://openalex.org/W2153765734","https://openalex.org/W2154288561","https://openalex.org/W2158454654","https://openalex.org/W2159547236","https://openalex.org/W2164680670","https://openalex.org/W2167910589","https://openalex.org/W2321074196","https://openalex.org/W2408411318","https://openalex.org/W2556973590","https://openalex.org/W2561698027","https://openalex.org/W2564925471","https://openalex.org/W2732934654","https://openalex.org/W2752617332","https://openalex.org/W2793729922","https://openalex.org/W2890350860","https://openalex.org/W2891965021","https://openalex.org/W2909155172","https://openalex.org/W2987879165","https://openalex.org/W3121153177","https://openalex.org/W3121881345","https://openalex.org/W3122074066","https://openalex.org/W3122079992","https://openalex.org/W3122330270","https://openalex.org/W3122418395","https://openalex.org/W3122640142","https://openalex.org/W3123056013","https://openalex.org/W3123629952","https://openalex.org/W3123914693","https://openalex.org/W3123992956","https://openalex.org/W3124379587","https://openalex.org/W3124400623","https://openalex.org/W3124587674","https://openalex.org/W3124632404","https://openalex.org/W3124799054","https://openalex.org/W3124807495","https://openalex.org/W3124950856","https://openalex.org/W3124994146","https://openalex.org/W3125399815","https://openalex.org/W4233075943"],"related_works":["https://openalex.org/W2766792938","https://openalex.org/W3122640142","https://openalex.org/W2210121866","https://openalex.org/W2987879165","https://openalex.org/W2980074166","https://openalex.org/W2507849291","https://openalex.org/W2732934654","https://openalex.org/W3181458823","https://openalex.org/W7097789299","https://openalex.org/W2591501430"],"abstract_inverted_index":{"Abstract":[0],"We":[1,28,56],"examine":[2],"the":[3,114,131],"effect":[4,97,107],"of":[5,117,130,133],"international":[6,60,79,134],"acquisitions":[7,31,61,80,137],"on":[8,98,108,121],"CEO":[9,38,68,92,99,110,139],"compensation":[10,39,70],"for":[11],"US":[12],"firms":[13,25],"from":[14],"1995":[15],"to":[16,33,63,86,127],"2016":[17],"using":[18],"both":[19],"domestic":[20,72,136],"acquisition":[21,24],"and":[22,49,83,124,135],"no":[23],"as":[26],"benchmarks.":[27],"find":[29,58],"that":[30,59,78,91],"lead":[32,62],"a":[34,64,95,105],"greater":[35,65],"increase":[36,66],"in":[37,67,138],"(especially":[40],"incentive\u2010based":[41,69],"compensation),":[42],"which":[43],"is":[44,113],"consistent":[45],"with":[46,51],"agency":[47],"theory":[48,76],"inconsistent":[50],"stewardship":[52],"or":[53],"reputation":[54],"theory.":[55],"also":[57],"than":[71],"acquisitions,":[73],"supporting":[74],"matching":[75],"given":[77],"are":[81],"larger":[82],"more":[84],"complex":[85],"manage.":[87],"Additionally,":[88],"we":[89],"document":[90],"tenure":[93],"has":[94,104],"positive":[96],"compensation,":[100],"whereas":[101],"firm":[102],"relatedness":[103],"negative":[106],"post\u2010acquisition":[109],"compensation.":[111,140],"This":[112],"first":[115],"study":[116],"its":[118],"type":[119],"based":[120],"comprehensive":[122],"data,":[123],"it":[125],"contributes":[126],"our":[128],"understanding":[129],"role":[132]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":6},{"year":2023,"cited_by_count":1},{"year":2021,"cited_by_count":2}],"updated_date":"2026-10-30T12:39:25.321706","created_date":"2020-07-29T00:00:00"}
