We identify the power of institutional blockholders to influence management using previous occurrences of forced CEO turnover at other firms in the blockholders' overall portfolio. We create a “powerful blockholder linkage” measure that strongly predicts future forced CEO turnover. These...

This work expands the literature on a less studied topic, the Chief Executive Officer (CEO) turnover in post-communist economies, analyzed during an unstable and ambiguous economic and financial environment. For the period 2005-2010, the results indicate the political inference in CEO turnover...

The paper examines the relationship between share ownership by boards of British stock exchange listed companies and accrual based earnings management. It provides the first empirical evidence that the relationship is impacted by UK Company Law and the institutional governance framework.We...