If only I could sack you! Management turnover and performance in large German Banks between 1874 and 1913
Christian Bayer () and
Additional contact information
Carsten Burhop: Universität Münster
Economic History from University Library of Munich, Germany
We analyze the relation of firm performance and managerial turnover in 19th century German banking by probit estimation. This period covers a major reform of corporate governance. Before the reform performance and turnover are unrelated, wheras after the reform more succesfull managers leave firms more seldom. However, only short run performance matters.
Keywords: Management turnover; Performance; Banking; late 19th century Germany (search for similar items in EconPapers)
JEL-codes: G30 J33 N23 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-his
Note: Type of Document - pdf; pages: 9
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpeh:0502006
Access Statistics for this paper
More papers in Economic History from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().