(Answered) : TOPIC: Corporate governance (top management, managerial cognition, etc.) Companies: AIG & ALL STATES READINGS: 1)Core,

TOPIC: Corporate governance (top management, managerial cognition, etc.)

Companies: AIG & ALL STATES

READINGS:

1)Core, Holthausen, Larcker 1999 “Corporate governance, chief executive officer compensation, and firm performance”

2)Amihud & Lev 1981 “Risk reduction as a managerial motive for conglomerate mergers”

3)Yoo & Jung 2015 “Corporate governance change and performance…”

4)Hammond, Keeney, & Raiffa 1998 “The hidden traps in decision making”

5)Hayward & Hambrick 1997 “Explaining the Premiums Paid for Large Acquisitions: Evidence of CEO Hubris”

6)Audia, Locke, & Smith 2000 “The Paradox of Success: An Archival and a Laboratory Study of Strategic Persistence Following Radical Environmental Change”

Question

Compare the two companie’s top management teams. What problems do you see