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Author:Dahya, J.
Lonie, A. A.
Power, D. M.
Title:Ownership structure, firm performance and top executive change: An analysis of UK firms
Journal:Journal of Business Finance and Accounting
1998 : NOV-DEC, VOL. 25:9-10, p. 1089-1118
Index terms:MANAGEMENT
TURNOVER
CORPORATE GOVERNANCE
COMPANY OWNERSHIP
COMPANY CONTROL
UNITED KINGDOM
Language:eng
Abstract:This study finds a significantly negative relationship between the equity stake owned by a senior executive and the likelihood that this executive will be removed from office. The existence of a strong positive relationship between poor company performance and the likelihood that the top managers responsible will be forced out of their firms, is also established.
SCIMA record nr: 183512
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