Product market competition shocks, firm performance, and forced CEO turnover

We examine the effect of competition shocks induced by major industry-level tariff cuts on forced CEO turnover. Both the likelihood of forced CEO turnover and its sensitivity to performance increase. These effects are stronger for firms exposed to greater predation risk and with products more simila...

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Bibliographic Details
Main Authors: Dasgupta, S. (Author), Li, X. (Author), Wang, A.Y (Author)
Format: Article
Language:English
Published: Oxford University Press 2018
Online Access:View Fulltext in Publisher