Title :
Board governance from life cycle perspectives
Author_Institution :
Sch. of Manage., Zhejiang Univ., Hangzhou, China
Abstract :
There´s a general view that with governance of board, poor performance will lead to CEO´s turnover, but will this relationship change over the corporate life-cycle, this paper is to investigate the impact of life-cycle on performance-turnover relation. Samples are selected from Shenzhen Stock Exchange listed companies during period 2009-2011, the regression results show that as corporation matures the sensitivity of CEO turnover to poor performance will decrease.
Keywords :
organisational aspects; stock markets; CEO turnover; Shenzhen stock exchange; board governance; corporate life-cycle; life cycle perspectives; performance-turnover relation; poor performance; regression results; Industries; Investments; Marketing and sales; CEO turnover; board governance; life cycle;
Conference_Titel :
Software Engineering and Service Science (ICSESS), 2012 IEEE 3rd International Conference on
Conference_Location :
Beijing
Print_ISBN :
978-1-4673-2007-8
DOI :
10.1109/ICSESS.2012.6269502
