Appeared on February 12, 2013
A Financial News article cites research co-authored by Elizer Fich, Ph.D. associate professor of finance, into the effects of merger bonuses for CEOs.
The article says: "Mergers and acquisitions bankers are often criticised for being incentivised to push through a deal, regardless of its merits. Many company chief executives would appear to share the same incentive, according to new research, with close to $200m in deal value left on the table as a result."