turnover rates increase markedly and their CEOs, both incumbents and successors, experience significant reductions in total … turnover ; financial distress ; lucky grants ; bias-corrected matching estimators …

The paper studies whether and how CEO turnover in Ukrainian firms is related to their performance. Based on a novel … turnover. While the strength of the turnover-performance relationship does not seem to depend on factors such as managerial … ownership and supervisory board size, we do find significant entrenchments effects associated with ownership by managers …

brightest managers to the public sector abound. This paper studies self-selection into managerial positions in the public and … ability is always higher in the private sector. As a result, relatively many of the more able managers self-select into the …

on CEO turnover, ownership structure and board characteristics, we estimate Logit models of CEO turnover. We find … turnover is significantly and inversely related to firm performance though the magnitude of the relationship is modest; (ii …) CEO turnover-performance link is stronger when the percentage of company shares owned by the largest shareholder is larger …

bad luck and may find it difficult to identify and attract talented managers from other clubs. Indeed, most of the … discuss the implications of our findings in the context of principal-agent theory and the wider literature on turnover among …

hiring process and the relationships among referrals, match quality, wage trajectories and turnover for a single U …