Board chairperson turnover and financial performance: evidence from Chinese firms

被引:0
|
作者
Jin, Chaojie [1 ,2 ]
Bonanni, Carole [2 ]
机构
[1] Zhejiang Guangsha Vocat & Tech Univ, Jinhua, Peoples R China
[2] Rennes Sch Business, Rennes, France
来源
ECONOMICS BULLETIN | 2022年 / 42卷 / 02期
关键词
CORPORATE GOVERNANCE; CEO TURNOVER; MANAGEMENT;
D O I
暂无
中图分类号
F [经济];
学科分类号
02 ;
摘要
This study provides the first empirical evidence on the relationship between the chairman of the board of directors (COB) and corporate financial performance. Using a sample of Chinese A listed firms between 2008-2017, we find reliable evidence that the COB turnover improves corporate financial performance. Moreover, the existence of a majority shareholder (Majority) positively influences corporate financial performance, while firm nature (private majority shareholder or public majority shareholder)(Private) may not.
引用
收藏
页码:694 / 702
页数:9
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