A Study About CFO Prompted to CEO Evidence from Chinese Corporate

Yunlu Li () and Xinyi Yang ()
Additional contact information
Yunlu Li: Beijing Jiaotong University
Xinyi Yang: Beijing Jiaotong University

A chapter in LISS 2013, 2015, pp 347-351 from Springer

Abstract: Abstract In recent years, based on the fact that more and more companies hiring executives who have experience of finance as CEO, this paper selects data from listing corporation in Shanghai and Shenzhen stock market from 2000 to 2011 years as the sample. Judging by the company performance, this paper discusses the effect on firm performance when the CEO who has finance experience is promoted. Through quantitative analysis of financial indicators including share price, Earning Per Share and so on, as well as the analysis of typical company case, we conclude that, according to the indicators such as operating income growth rate, profit rate of asset, operation index and total asset turnover ratio and others, the results indicate that if the CEO is from CFO, its index is better than that by other position to CEO.

Keywords: CFO; CEO; Firm performance (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-642-40660-7_51

Ordering information: This item can be ordered from
http://www.springer.com/9783642406607

DOI: 10.1007/978-3-642-40660-7_51

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().