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AMERICAN JOURNAL OF MANAGEMENT
The Quality of Corporate Governance and the Length it takes to remove a Poor-performing CEO
Author(s): Tarun Mukherjee, Huong Nguyen
Citation: Tarun Mukherjee, Huong Nguyen, (2017)"The Quality of Corporate Governance and the Length it takes to remove a Poor-performing CEO," American Journal of Management, Vol. 17, Iss. 6, pp. 35-53
Article Type: Research paper
Publisher: North American Business Press
Abstract:
In this paper, we investigate the effects of internal corporate governance on the length it takes to remove a CEO after the initial sign of poor firm performance. We find that firms that have a better quality of internal corporate governance are quicker to remove poor-performing CEOs. This result persists after controlling for other factors that might influence the CEO removal decision.
