Shin, JiSook; Lee, Hae-Young; Cin, Beom-cheol - In: Global Business & Finance Review (GBFR) 21 (2016) 1, pp. 1-12
This study empirically examines the influence of firm performance on CEO turnover using data of all listed companies on the Korea Stock Exchange, except those in the financial industry, over the period 2000-2012. We control for endogeneity of firm performance by employing the Two-Stage Residuals...
