Three essays on corporate finance

This thesis consists of 3 essays on corporate finance. In the first essay, We examine the effect of CEO severance pay on the likelihood of CEO turnover. We find that severance pay reduces both the frequency and performance sensitivity of turnover. Moreover, we find that these reductions are especial...

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Bibliographic Details
Main Author: Pang, Caiji
Other Authors: Lau Sie Ting
Format: Thesis
Language:English
Published: 2014
Subjects:
Online Access:https://hdl.handle.net/10356/59973