Management entrenchment is a hypothesis for anti-takeover in corporate business. This idea emerged in the 1980s when several actions to hostile takeover companies occurred, and several companies started planning on how to protect themselves from being bought through such a takeover.
Read more about Management Entrenchment: Management Entrenchment in Corporate Governance
Famous quotes containing the word management:
“This we take it is the grand characteristic of our age. By our skill in Mechanism, it has come to pass, that in the management of external things we excel all other ages; while in whatever respects the pure moral nature, in true dignity of soul and character, we are perhaps inferior to most civilised ages.”
—Thomas Carlyle (1795–1881)