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102 firms to study if CEO turnover impacts employees' communication flows. We find that CEO turnover leads to an initial …
Persistent link: https://www.econbiz.de/10012599332
affect rates of teacher turnover--an important determinant of school quality. We find that male teachers are about 12% more …
Persistent link: https://www.econbiz.de/10012480914
We study CEO turnover - both internal (board driven) and external (through takeover and bankruptcy) - from 1992 to 2005 … for a sample of large U.S. companies. Annual CEO turnover is higher than that estimated in previous studies over earlier … periods. Turnover is 14.9% from 1992 to 2005, implying an average tenure as CEO of less than seven years. In the more recent …
Persistent link: https://www.econbiz.de/10012466199
specific skills) affect the value of employment relationships between senior executives and firms. We analyze the changes in …
Persistent link: https://www.econbiz.de/10012468343
the hypothesis that fund companies are learning about managers' abilities, managerial turnover is more performance …This paper examines the labor market for mutual fund managers and managers' responses to the implicit incentives … created by their career concerns. We find that managerial turnover is sensitie to a fund's recent performance. Consistent with …
Persistent link: https://www.econbiz.de/10012472414
This paper examines executive turnover -- both for management and supervisory boards - - and its relation to firm … -- implying that top executives in Germany have longer tenures than their counterparts in the U.S. and Japan. Turnover of the … to sales growth and earnings growth. Turnover of the supervisory board is not consistently related to any measure of …
Persistent link: https://www.econbiz.de/10012474534
This paper compares CEO and top management turnover and its relation to firm performance in the largest companies (by … sales) in Japan and the U.S. Japanese top managers are older and have shorter tenures as top managers than their U ….S. counterparts. Overall, however, turnover-performance relations are economically and statistically similar: turnover is negatively …
Persistent link: https://www.econbiz.de/10012474914
We studied the relation of CEO pay and turnover to performance and characteristics of companies in a new data set that …
Persistent link: https://www.econbiz.de/10012475775
We examine the turnover of top executives in Japanese firms throughout the period from 1990 to 2013. During this time … independent outside directors have been introduced in many firms. We find that top executive turnover sensitivity to corporate … indicators that turnover is most sensitive to. The evidence also indicates that instead of the main bank, foreign institutional …
Persistent link: https://www.econbiz.de/10012453899
Producer services such as managerial and engineering consulting can provide domestic firms with the substantial benefits of specialized knowledge that would be costly in terms of both time and money for domestic firms to develop on their own. These intermediate services are often non-traded, or...
Persistent link: https://www.econbiz.de/10012471061