Stock Market Reaction to CEO Appointment – Preliminary Results

Purpose: The aim of this paper is to examine shareholders’ reaction to the decision of the supervisory board to appoint a CEO in companies listed on the Warsaw Stock Exchange. Methodology: An event study and the mean-adjusted model were applied. The abnormal returns were measured as the CAAR in t...

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Bibliographic Details

Published in:	Journal of Management and Business Administration, Central Europe
Main Authors:	Katarzyna Byrka-Kita, Mateusz Czerwiński, Agnieszka Preś-Perepeczo
Format:	Article
Language:	English
Published:	Kozminski University 2017-06-01
Subjects:	CEO appointment abnormal return event study abnormal return CEO appointment event study
Online Access:	http://mbace.eu/resources/html/article/details?id=148941