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Author:Mian, S.
Title:On the choice and replacement of chief financial officers
Journal:Journal of Financial Economics
2001 : APR, VOL. 60:1, p. 143-175
Index terms:Corporate planning
Strategic management
Turnover
Freeterms:Corporate governance
Language:eng
Abstract:This paper provides empirical evidence regarding why firms replace their CFOs. Empirical tests are based on a sample of 2 227 CFO appointments over the 1984-1997 time period. Evidence is consistent with the hypothesis that CFO turnovers are disciplinary.
SCIMA record nr: 223172
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