Essays on CEO Turnover, Succession, and Compensation
| Author | : Hongxia Wang |
| Publisher | : |
| Total Pages | : 155 |
| Release | : 2009 |
| ISBN-10 | : OCLC:493504534 |
| ISBN-13 | : |
| Rating | : 4/5 (34 Downloads) |
Download or read book Essays on CEO Turnover, Succession, and Compensation written by Hongxia Wang and published by . This book was released on 2009 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt: This dissertation is a series of study on CEO turnover, succession, and compensation. I investigate how the Sarbanes-Oxley Act (SOX) affects CEO tenure and the characteristics of CEO turnover. I hypothesize that boards tend to appoint younger (older) CEOs in firms with high (low) managerial discretion. I examine the role of managerial discretion in setting CEO pay at succession. This study enriches existing research on managerial discretion and succession by linking CEO bargaining power at succession with the theory of managerial discretion.
