Corporate Governance, Board Oversight, and CEO Turnover
Author | : Volker Laux |
Publisher | : Now Publishers |
Total Pages | : 86 |
Release | : 2014-10-06 |
ISBN-10 | : 1601988664 |
ISBN-13 | : 9781601988669 |
Rating | : 4/5 (669 Downloads) |
Download or read book Corporate Governance, Board Oversight, and CEO Turnover written by Volker Laux and published by Now Publishers. This book was released on 2014-10-06 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.