CEO turnover–performance sensitivity in private firms

We compare chief executive officer (CEO) turnover in public and large private firms. Public firms have higher turnover rates and exhibit greater turnover–performance sensitivity (TPS) than private firms. When we control for pre-turnover performance, performance improvements are greater for private f...

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Bibliographic Details
Main Authors: Gao, Huasheng, Harford, Jarrad, Li, Kai
Other Authors: Nanyang Business School
Format: Journal Article
Language:English
Published: 2018
Subjects:
Online Access:https://hdl.handle.net/10356/90183
http://hdl.handle.net/10220/47220