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CEO Turnover, Firm Performance and Corporate Governance
Mette Lausten Working Papers from Aarhus School of Business - Department of Economics
This paper examines the relationship between the replacement of CEO's and corporate performance in Danish firms. We use a unique longitudinal data set to test the hypothesis that CEO turnover is inversely related to firm performance. Evidence is provided using several measures of corporate performance and corporate governance.
Keywords: BUSINESS ORGANIZATION; BUSINESS FINANCING; CAPITAL (search for similar items in EconPapers)
JEL-codes: G32 L2 J33 (search for similar items in EconPapers)
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Persistent link: http://EconPapers.repec.org/RePEc:fth:aascbu:98-10
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Address: Department of Economics, Faculty of Business Administration. The Aarhus School of Business. Fuglesangs Alle 4. DK- 8210 Aarhus V - Denmark Contact information at EDIRC. Series data maintained by Thomas Krichel ().