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Joo, Jeong Hwan
Accounting Lab.
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dc.citation.endPage 1468 -
dc.citation.number 6 -
dc.citation.startPage 1439 -
dc.citation.title ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS -
dc.citation.volume 29 -
dc.contributor.author Bae, Jihun -
dc.contributor.author Joo, Jeong Hwan -
dc.contributor.author Park, Chul W. -
dc.date.accessioned 2023-12-21T13:39:18Z -
dc.date.available 2023-12-21T13:39:18Z -
dc.date.created 2021-01-21 -
dc.date.issued 2022-10 -
dc.description.abstract This study finds differential performance impacts of outsider and insider interim CEO successions. Stock markets react incrementally positively to interim CEO successions when the interim CEOs are from outside rather than inside firms. Relative to insider interim CEOs, outsider interim CEOs produce worse earnings performance and greater restructuring charges during their services but lead more frequently to outsider permanent CEO appointments followed by better long-term earnings performance. Our findings suggest that market reactions to interim CEO successions rationally impound the investors’ expectation that outsider relative to insider interim CEO successions will generate greater short-term disruption but pave the way for greater long-term performance improvement. -
dc.identifier.bibliographicCitation ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS, v.29, no.6, pp.1439 - 1468 -
dc.identifier.doi 10.1080/16081625.2020.1828106 -
dc.identifier.issn 1608-1625 -
dc.identifier.scopusid 2-s2.0-85092759529 -
dc.identifier.uri https://scholarworks.unist.ac.kr/handle/201301/49864 -
dc.identifier.url https://www.tandfonline.com/doi/full/10.1080/16081625.2020.1828106 -
dc.identifier.wosid 000579195700001 -
dc.language 영어 -
dc.publisher City University of Hong Kong -
dc.title.alternative Differential performance impacts of outsider and insider interim CEO successions -
dc.title Differential performance impacts of outsider and insider interim CEO successions -
dc.type Article -
dc.description.isOpenAccess FALSE -
dc.relation.journalWebOfScienceCategory Business, Finance; Economics -
dc.relation.journalResearchArea Business & Economics -
dc.type.docType Article -
dc.description.journalRegisteredClass ssci -
dc.description.journalRegisteredClass scopus -

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