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Tekijä: | Dahya, J. Lonie, A. A. Power, D. M. |
Otsikko: | Ownership structure, firm performance and top executive change: An analysis of UK firms |
Lehti: | Journal of Business Finance and Accounting
1998 : NOV-DEC, VOL. 25:9-10, p. 1089-1118 |
Asiasana: | MANAGEMENT TURNOVER CORPORATE GOVERNANCE COMPANY OWNERSHIP COMPANY CONTROL UNITED KINGDOM |
Kieli: | eng |
Tiivistelmä: | 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. |
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