The "financial bath" hypothesis: An empirical investigation

Arbeitspapier

This article examines the influence of CEO changes in large German companies manifested in their financial statements during three defined phases of the turnover process. It is shown that the conflicting results in previous research might have stemmed from not differing among turnover reasons. Companies experiencing an involuntary change of CEO undergo a different evolution of performance than companies whose CEOs have changed voluntarily or for reasons like mandatory retirement or death.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Manuskripte aus den Instituten für Betriebswirtschaftslehre der Universität Kiel ; No. 448

Classification and Topics

• Classification: Management
• Subject: Führungskräfte ; Arbeitsmobilität ; Rentabilität ; Bilanzanalyse ; Deutschland

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Salomo, Sören ; Leker, Jens
• Event: Veröffentlichung
• (who): Universität Kiel, Institut für Betriebswirtschaftslehre ; ZBW – Leibniz Information Centre for Economics
• (where): Kiel
• (when): 1997

Further information

• Handle: http://hdl.handle.net/10419/149065
• Last update: 10.03.2025, 11:44 AM CET