Management Turnover And Financial Distress
Management turnover and financial distress journal of financial economics 25 december 1989.
Management turnover and financial distress. The case of the republic of serbia dragana radjen nemanja1stanisic abstract this study examines the influence of financial distress on top management turnover in the republic of serbia over the period january 2009 june 2015. The case of the republic of serbia this study examines the influence of financial distress on top management turnover in the republic of. Management turnover and financial distress journal of financial economics elsevier vol. Gilson show more.
Corporate control financial distress restructuring. North holland management turnover and financial distress stuart c. Using a sample of 86 large and medium sized. Forced management turnover is mostly initiated by outside investors and banks and often occurs subsequent to debt restructurings block investments and takeovers.
In any given year 52 of sampled firms experience turnover if they are either in default on their debt bankrupt. Financial distress corporate control and management turnover article in ssrn electronic journal 32 10 2188 2204 october 2008 with 225 reads how we measure reads. Author links open overlay panel stuart c. Management turnover and financial distress gilson s.
Gilson stuart c 1989. Gilson university of texas ataustin austin tx 78712 1179 usa received december 1988 final version received may 1990 this study investigates senior management turnover in financially distressed firms. Journal of financial economics 25 1989 2 11 262. Request pdf financial distress and managerial turnover.
Financial distress and managerial turnover. 25 2 pages 241 262 december handle. This study investigates senior management turnover in financially distressed firms.
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