This paper presents evidence on the association among chief executive officer (CEO) turnover, discretionary accounting choice and investor evaluations of those accounting choices. This paper presents the results of an analysis of unexpected earnings and abnormal security returns. The results...

Over the past 25 years a number of accounting and finance studies have examined the usefulness of accounting data in predicting financial distress. This study adapts the approach of these studies to the task of prediction of chief executive officer (CEO) turnover in large U.S. firms. The results...

This paper presents evidence on the association between chief executive officer (CEO) turnover and discretionary accounting choice. The findings suggest at least two important ways in which routine and nonroutine CEO turn overs might have different effects on financial statment numbers....