Are CEO turnover and CEO pay cuts solutions to financial distress?
碩士 === 元智大學 === 財務金融暨會計碩士班(財務金融學程) === 107 === CEOs is important in financial distress because CEOs play a role of the main decision maker in their firms. If they make wrong decisions, they will cause their companies are in crisis. Therefore, I would like to know whether CEO pay cuts and force to tu...
Main Authors: | , |
---|---|
Other Authors: | |
Format: | Others |
Language: | zh-TW |
Published: |
2018
|
Online Access: | http://ndltd.ncl.edu.tw/handle/v9454u |
id |
ndltd-TW-107YZU05304001 |
---|---|
record_format |
oai_dc |
spelling |
ndltd-TW-107YZU053040012019-11-07T03:39:34Z http://ndltd.ncl.edu.tw/handle/v9454u Are CEO turnover and CEO pay cuts solutions to financial distress? 總經理撤換或減薪有助於解決企業的財務困境嗎? Ching-Ting Huang 黃靖婷 碩士 元智大學 財務金融暨會計碩士班(財務金融學程) 107 CEOs is important in financial distress because CEOs play a role of the main decision maker in their firms. If they make wrong decisions, they will cause their companies are in crisis. Therefore, I would like to know whether CEO pay cuts and force to turnover are good policies or not when firm is in financial distress. The sample of my study is 426 public listed companies in the USA from 2000 to 2015 which are in financial distress. And I divide the policies of CEOs into three types:(1)pay cuts,(2)forced turnover,(3)no action. Further, I focus on the sample of CEOs force to turnover. The results show that if CEOs are forced to turnover, the company's performance will be better; if totalpay of CEOs is significantly decreasing , the company will be better able to solve financial distress. Hsiang-Ping Tsai 蔡湘萍 2018 學位論文 ; thesis 38 zh-TW |
collection |
NDLTD |
language |
zh-TW |
format |
Others
|
sources |
NDLTD |
description |
碩士 === 元智大學 === 財務金融暨會計碩士班(財務金融學程) === 107 === CEOs is important in financial distress because CEOs play a role of the main decision maker in their firms. If they make wrong decisions, they will cause their companies are in crisis. Therefore, I would like to know whether CEO pay cuts and force to turnover are good policies or not when firm is in financial distress. The sample of my study is 426 public listed companies in the USA from 2000 to 2015 which are in financial distress. And I divide the policies of CEOs into three types:(1)pay cuts,(2)forced turnover,(3)no action. Further, I focus on the sample of CEOs force to turnover. The results show that if CEOs are forced to turnover, the company's performance will be better; if totalpay of CEOs is significantly decreasing , the company will be better able to solve financial distress.
|
author2 |
Hsiang-Ping Tsai |
author_facet |
Hsiang-Ping Tsai Ching-Ting Huang 黃靖婷 |
author |
Ching-Ting Huang 黃靖婷 |
spellingShingle |
Ching-Ting Huang 黃靖婷 Are CEO turnover and CEO pay cuts solutions to financial distress? |
author_sort |
Ching-Ting Huang |
title |
Are CEO turnover and CEO pay cuts solutions to financial distress? |
title_short |
Are CEO turnover and CEO pay cuts solutions to financial distress? |
title_full |
Are CEO turnover and CEO pay cuts solutions to financial distress? |
title_fullStr |
Are CEO turnover and CEO pay cuts solutions to financial distress? |
title_full_unstemmed |
Are CEO turnover and CEO pay cuts solutions to financial distress? |
title_sort |
are ceo turnover and ceo pay cuts solutions to financial distress? |
publishDate |
2018 |
url |
http://ndltd.ncl.edu.tw/handle/v9454u |
work_keys_str_mv |
AT chingtinghuang areceoturnoverandceopaycutssolutionstofinancialdistress AT huángjìngtíng areceoturnoverandceopaycutssolutionstofinancialdistress AT chingtinghuang zǒngjīnglǐchèhuànhuòjiǎnxīnyǒuzhùyújiějuéqǐyèdecáiwùkùnjìngma AT huángjìngtíng zǒngjīnglǐchèhuànhuòjiǎnxīnyǒuzhùyújiějuéqǐyèdecáiwùkùnjìngma |
_version_ |
1719287891726696448 |