The objective of the study is to contemplate the effectiveness of hierarchical CEO succession and hierarchical CEO succession intensity on SOEs & Non-SOEs performance separately. Meanwhile, the impact of hierarchical CEO succession on cash holdings has also been analysed. The authenticated data...

In zahlreichen Volkswirtschaften existieren heute genossenschaftliche Finanzverbünde. Zwar stimmen deren Gründungsideen überein. Doch im Laufe der Jahrzehnte haben sich durchaus Unterschiede in den Governancestrukturen, in den Strategien und in den Geschäftsmodellen heraus gebildet....

This paper studies CEO re-appointment and succession events in listed family firms with an incumbent family CEO in France, Germany and the UK over 2001-2016. The paper explores whether family firms with a founder CEO are more likely to engage in earnings management pre-event than other family...

This study investigates the factors that impact successful performance management in government internal audit units. Studies show that besides formal compliance with statutory and administrative mandates such as compilation and reporting, public sector performance measures are not utilized for...

In the wake of the 2008 Global Financial Crisis, the UK created the first stewardship code which was designed to transform its rationally passive institutional investors into actively engaged shareholders. In the UK corporate governance context, this idea made sense. Institutional investors...

We examine the influences of top management succession on firm strategies in the case of innovation. Our main results show that top manager changes result in less innovation in Chinese listed companies. The evidence supports the hypothesis that succession events exert much pressure on managers...