We investigate the relationship between security breaches and chief information officer (CIO) turnover. Because CIOs are directly responsible for IT performance, we argue that their turnover likelihood is higher when they fail to meet IT performance expectations, as reflected by security...

Managerial ability plays a vital role in the performance of business enterprises; however, such efforts are not directly observable. This study estimates managerial ability within the insurance sector of the economy based on two data sets from two different Asian countries. We estimate...

This study focuses on the relation between current compensation and past performance measures as signals of a CEO’s ability. We develop a simple two-period principal-agent model with moral hazard and adverse selection and test theoretical predictions using CEO compensation data from 1993-2006....