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Purpose: The purpose of this paper is to analyse the market reaction to the appointments of chief executive officers (CEOs) in companies listed on the Warsaw Stock Exchange. The authors focussed on the relationship between the characteristics of a newly appointed CEO and the shareholders’...
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A change in the person holding a key managerial position in a company is an important event for the company's stakeholders, and even more important when the company operates in the continental system of corporate governance and the CEO is the key person responsible for the strategic directions...
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In this study we explore the influence of investor attention on trading volumes around CEO appointment announcements. Using hand collected data on CEO turnovers in listed companies in the Polish capital market over the period 2000–2015, we demonstrate the differences in investor trading...
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The paper presents the results of a survey of business valuation practice in Poland. The aim of this study was to assess the premium for control as well as discounts for minority interests by practitioners involved in the valuation of companies in Poland. The survey was conducted on a sample of...
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The paper provides evidence on abnormal returns performance in acquisitions on the Warsaw Stock Exchange. From a variety of measures, the authors chose the event study methodology, used in developed markets to evaluate post-acquisition performance and based on the market data, and Cumulative...
Persistent link: https://www.econbiz.de/10013040377