Family Ownership and CEO Turnovers

Family Ownership and CEO Turnovers

This paper investigates the impact of the founding family’s presence on CEO turnover decisions. We find that family firms managed by CEOs outside the founding family (i.e., professional CEO family firms) have higher CEO turnover-performance sensitivity than family firms managed by family members (i....

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Bibliographic Details
Main Authors: CHEN, Xia, CHENG, Qiang, DAI, Zhonglan
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2013
Subjects:
family firms
CEO turnover
agency problems
family monitoring
Accounting
Corporate Finance
Human Resources Management
Online Access:https://ink.library.smu.edu.sg/soa_research/875
https://ink.library.smu.edu.sg/context/soa_research/article/1874/viewcontent/SSRN_id2258868.pdf
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Institution: Singapore Management University
Language: English

Internet

https://ink.library.smu.edu.sg/soa_research/875
https://ink.library.smu.edu.sg/context/soa_research/article/1874/viewcontent/SSRN_id2258868.pdf

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