๐”– Bobbio Scriptorium
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Are outsiders handicapped in CEO successions?

โœ Scribed by Anup Agrawal; Charles R. Knoeber; Theofanis Tsoulouhas

Book ID
116624355
Publisher
Elsevier Science
Year
2006
Tongue
English
Weight
223 KB
Volume
12
Category
Article
ISSN
0929-1199

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When chief executive officers (CEOs) are replaced by external successors, they frequently retain high levels of power. We found that outgoing CEOs' announced post-succession involvement is negatively related to their successors' power. Additionally, we found that the magnitude of the stock market re