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Value creation and corporate diversification : the case of Sears, Roebuck & Co.

Gillan, Stuart L.; Kensinger, John W.; Martin, John D. - In: Journal of financial economics 55 (2000) 1, pp. 103-137

Persistent link: https://www.econbiz.de/10001432939

Managerial entrenchment and the effectiveness of internal governance mechanisms

McNabb, Mark N.; Martin, John D. - In: Research in finance 19 (2002), pp. 29-59

Persistent link: https://www.econbiz.de/10001717547

Managerial entrenchment and the effectiveness of internal governance mechanisms

McNabb, Mark M.; Martin, John D. - In: Research in finance : Vol. 19, (pp. 29-59). 2002

Founder CEOs of poorly performing firms are less likely to be replaced than non founders. Furthermore, founder CEO firms are much more prevalent in our sample of poor performing firms than in the general population. We also report that simply replacing a founder CEO is not sufficient to increase...

Persistent link: https://www.econbiz.de/10015389468