Work

Corporate Governance, Board Oversight,and CEO Turnover

Year: 2014

Type: article

Abstract: One of the primary roles of corporate boards is to control the processes by which top executives are assessed and if necessary replaced. CEO turnover cannot be viewed in isolation because it affects the behavior of the involved players and hence interacts with other organizational goals. This monograph seeks to synthesize recent research that analyzes these interactions. I focus on a number of recurring themes, including the implications of CEO assessment and replacement on optimal contracting, board monitoring, project selection, financial reporting, and CEO selection.

Source: Foundations and Trends® in Accounting

DOI: 10.1561/1400000033

Author: Volker Laux

Institution: The University of Texas at Austin

Language: English

Topic: Corporate Finance and Governance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2076205207

FWCI: 4.25

Cites: 31

Cited by: 21

Related to: 10