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주정환

Joo, Jeong Hwan
Accounting Lab.
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dc.citation.number Part A -
dc.citation.startPage 103946 -
dc.citation.title FINANCE RESEARCH LETTERS -
dc.citation.volume 58 -
dc.contributor.author Bae, Jihun -
dc.contributor.author Joo, Jeong Hwan -
dc.contributor.author Yu, Jaeyoon -
dc.date.accessioned 2023-12-21T11:40:56Z -
dc.date.available 2023-12-21T11:40:56Z -
dc.date.created 2023-06-29 -
dc.date.issued 2023-12 -
dc.description.abstract This study investigates how capital market investors assess CEO succession planning in the context of CEO turnover events. Conducting empirical tests using a manually collected sample of 676 CEO turnover cases, we find that CEO succession planning mitigates the negative association between CEO performance and market reactions to CEO turnover announcements. Further analyses reveal that our results are driven by firms with strong corporate governance. Overall, our findings suggest that CEO succession planning disclosure reduces investors’ concerns about firm performance in the event of CEO turnover. -
dc.identifier.bibliographicCitation FINANCE RESEARCH LETTERS, v.58, no.Part A, pp.103946 -
dc.identifier.doi 10.1016/j.frl.2023.103946 -
dc.identifier.issn 1544-6123 -
dc.identifier.scopusid 2-s2.0-85159379182 -
dc.identifier.uri https://scholarworks.unist.ac.kr/handle/201301/64753 -
dc.language 영어 -
dc.publisher Elsevier BV -
dc.title CEO succession planning and market reactions to CEO turnover announcements -
dc.type Article -
dc.description.isOpenAccess FALSE -
dc.type.docType Article -
dc.description.journalRegisteredClass ssci -
dc.description.journalRegisteredClass scopus -
dc.subject.keywordAuthor CEO succession planning disclosure -
dc.subject.keywordAuthor CEO turnover -
dc.subject.keywordAuthor Corporate governance -
dc.subject.keywordAuthor Stock market reactions -

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