Lafuente, Esteban; García Cestona, Miguel Angel - In: Journal of economics, finance & administrative science 26 (2021) 52, pp. 333-357
Purpose - This paper investigates how past performance changes, prior CEO replacements and changes in the chairperson impact CEO turnover in public and large private businesses. Design/methodology/approach - We analyze 1,679 CEO replacements documented in a sample of 1,493 Spanish public and...