Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/149065
Authors: 
Salomo, Sören
Leker, Jens
Year of Publication: 
1997
Series/Report no.: 
Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel 448
Abstract: 
This article examines the influence of CEO changes in large German companies manifested in their financial statements during three defined phases of the turnover process. It is shown that the conflicting results in previous research might have stemmed from not differing among turnover reasons. Companies experiencing an involuntary change of CEO undergo a different evolution of performance than companies whose CEOs have changed voluntarily or for reasons like mandatory retirement or death.
Document Type: 
Working Paper

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