메뉴 건너뛰기




Volumn 57, Issue 1, 2002, Pages 461-483

The Cadbury Committee, corporate performance, and top management turnover

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0042674101     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/1540-6261.00428     Document Type: Article
Times cited : (297)

References (31)
  • 1
    • 0030492391 scopus 로고    scopus 로고
    • Firm performance and mechanisms to control agency problems between managers and shareholders
    • Agrawal, Anup, and Charles R. Knoeber, 1996, Firm performance and mechanisms to control agency problems between managers and shareholders, Journal of Financial and Quantitative Analysis 31, 377-397.
    • (1996) Journal of Financial and Quantitative Analysis , vol.31 , pp. 377-397
    • Agrawal, A.1    Knoeber, C.R.2
  • 2
    • 0033410992 scopus 로고    scopus 로고
    • The uncertain relationship between board composition and firm performance
    • Bhagat, Sanjai, and Bernard S. Black, 1999, The uncertain relationship between board composition and firm performance, Business Lawyer 54, 921-964.
    • (1999) Business Lawyer , vol.54 , pp. 921-964
    • Bhagat, S.1    Black, B.S.2
  • 3
    • 0003940427 scopus 로고    scopus 로고
    • Board independence and long-term performance
    • University of Colorado and Columbia Law School
    • Bhagat, Sanjai, and Bernard S. Black, 2000, Board independence and long-term performance, Working paper, University of Colorado and Columbia Law School.
    • (2000) Working Paper
    • Bhagat, S.1    Black, B.S.2
  • 4
    • 0000106797 scopus 로고
    • Do outside directors monitor managers? Evidence from tender offer bids
    • Byrd, John W., and Kent A. Hickman, 1992, Do outside directors monitor managers? Evidence from tender offer bids, Journal of Financial Economics 32, 195-221.
    • (1992) Journal of Financial Economics , vol.32 , pp. 195-221
    • Byrd, J.W.1    Hickman, K.A.2
  • 5
    • 0041847613 scopus 로고
    • Cadbury committee draft orders mixed news for shareholders
    • June 2
    • Cadbury committee draft orders mixed news for shareholders, 1992, Financial Times, June 2, p. 16.
    • (1992) Financial Times , pp. 16
  • 7
    • 0031066545 scopus 로고    scopus 로고
    • Do independent directors enhance target shareholder wealth during tender offers?
    • Cotter, James F., Anil Shivdasani, and Marc Zenner, 1997, Do independent directors enhance target shareholder wealth during tender offers? Journal of Financial Economics 43, 195-218.
    • (1997) Journal of Financial Economics , vol.43 , pp. 195-218
    • Cotter, J.F.1    Shivdasani, A.2    Zenner, M.3
  • 8
    • 46549097378 scopus 로고
    • Executive compensation, management turnover, and firm performance
    • Coughlan, Anne T., and Ronald M. Schmidt, 1985, Executive compensation, management turnover, and firm performance, Journal of Accounting and Economics 7, 43-66.
    • (1985) Journal of Accounting and Economics , vol.7 , pp. 43-66
    • Coughlan, A.T.1    Schmidt, R.M.2
  • 9
    • 84993897491 scopus 로고
    • Performance changes following top management dismissals
    • Denis, David J., and Diane K. Denis, 1995, Performance changes following top management dismissals, Journal of Finance 50, 1029-1057.
    • (1995) Journal of Finance , vol.50 , pp. 1029-1057
    • Denis, D.J.1    Denis, D.K.2
  • 10
    • 0000498358 scopus 로고    scopus 로고
    • Ownership and board structures in publicly traded corporations
    • Denis, David J., and Atulya Sarin, 1999, Ownership and board structures in publicly traded corporations, Journal of Financial Economics 52, 187-224.
    • (1999) Journal of Financial Economics , vol.52 , pp. 187-224
    • Denis, D.J.1    Sarin, A.2
  • 11
    • 0029693574 scopus 로고    scopus 로고
    • Hostile takeovers and the correction of managerial failure
    • Franks, Julian, and Colin Mayer, 1996, Hostile takeovers and the correction of managerial failure, Journal of Financial Economics 40, 163-181.
    • (1996) Journal of Financial Economics , vol.40 , pp. 163-181
    • Franks, J.1    Mayer, C.2
  • 12
    • 0003890738 scopus 로고    scopus 로고
    • Who disciplines managers in poorly performing companies?
    • London Business School
    • Franks, Julian, Colin Mayer, and Luc Renneboog, 2000, Who disciplines managers in poorly performing companies? Working paper, London Business School.
    • (2000) Working Paper
    • Franks, J.1    Mayer, C.2    Renneboog, L.3
  • 13
    • 45249128199 scopus 로고
    • Management turnover and financial distress
    • Gilson, Stuart, 1989, Management turnover and financial distress, Journal of Financial Economics 25, 241-262.
    • (1989) Journal of Financial Economics , vol.25 , pp. 241-262
    • Gilson, S.1
  • 15
    • 0348194856 scopus 로고    scopus 로고
    • Endogenously chosen boards of directors and their monitoring of the CEO
    • Hermalin, Benjamin E., and Michael S. Weisbach, 1998, Endogenously chosen boards of directors and their monitoring of the CEO, American Economic Review 88, 96-118.
    • (1998) American Economic Review , vol.88 , pp. 96-118
    • Hermalin, B.E.1    Weisbach, M.S.2
  • 17
    • 58149363437 scopus 로고
    • Firm performance, corporate governance, and top executive turnover in Japan
    • Kang, Jun-Koo, and Anil Shivdasani, 1995, Firm performance, corporate governance, and top executive turnover in Japan, Journal of Financial Economics 38, 29-58.
    • (1995) Journal of Financial Economics , vol.38 , pp. 29-58
    • Kang, J.-K.1    Shivdasani, A.2
  • 18
    • 77958402161 scopus 로고
    • Top executives, turnover and firm performance in Germany
    • Kaplan, Steven N., 1994, Top executives, turnover and firm performance in Germany, Journal of Law, Economics and Organization 10, 142-159.
    • (1994) Journal of Law, Economics and Organization , vol.10 , pp. 142-159
    • Kaplan, S.N.1
  • 19
    • 0000785968 scopus 로고
    • Outside directorships and corporate performance
    • Kaplan, Steven N., and David Reishus, 1990, Outside directorships and corporate performance, Journal of Financial Economics 27, 389-410.
    • (1990) Journal of Financial Economics , vol.27 , pp. 389-410
    • Kaplan, S.N.1    Reishus, D.2
  • 20
    • 0000971656 scopus 로고
    • Corporate takeovers, firm performance, and board composition
    • Kini, Omesh, William A. Kracaw, and Shehzad Mian, 1995, Corporate takeovers, firm performance, and board composition, Journal of Corporate Finance 1, 383-412.
    • (1995) Journal of Corporate Finance , vol.1 , pp. 383-412
    • Kini, O.1    Kracaw, W.A.2    Mian, S.3
  • 21
    • 38249030444 scopus 로고
    • Targeted share repurchases and top management changes
    • Klein, April, and James Rosenfeld, 1988, Targeted share repurchases and top management changes, Journal of Financial Economics 20, 493-506.
    • (1988) Journal of Financial Economics , vol.20 , pp. 493-506
    • Klein, A.1    Rosenfeld, J.2
  • 22
    • 84977707515 scopus 로고
    • Corporate performance, corporate takeovers, and top management turnover
    • Martin, Kenneth J., and John J. McConnell, 1991, Corporate performance, corporate takeovers, and top management turnover, Journal of Finance 46, 671-687.
    • (1991) Journal of Finance , vol.46 , pp. 671-687
    • Martin, K.J.1    McConnell, J.J.2
  • 23
    • 0031138809 scopus 로고    scopus 로고
    • The decline of takeovers and disciplinary management turnover
    • Mikkelson, Wayne, and Megan Partch, 1997, The decline of takeovers and disciplinary management turnover, Journal of Financial Economics 44, 205-228.
    • (1997) Journal of Financial Economics , vol.44 , pp. 205-228
    • Mikkelson, W.1    Partch, M.2
  • 26
    • 0000211393 scopus 로고
    • Outside directors, board independence, and shareholder wealth
    • Rosenstein, Stuart, and Jeffrey G. Wyatt, 1990, Outside directors, board independence, and shareholder wealth, Journal of Financial Economics 26, 175-191.
    • (1990) Journal of Financial Economics , vol.26 , pp. 175-191
    • Rosenstein, S.1    Wyatt, J.G.2
  • 27
    • 0042849640 scopus 로고
    • Self-regulation seen as the way forward
    • May 28
    • Self-regulation seen as the way forward, 1992, The Financial Times, May 28, p. 17.
    • (1992) The Financial Times , pp. 17
  • 28
    • 0001475438 scopus 로고
    • Board composition, ownership structure, and hostile takeovers
    • Shivdasani, Anil, 1993, Board composition, ownership structure, and hostile takeovers, Journal of Accounting and Economics 16, 167-198.
    • (1993) Journal of Accounting and Economics , vol.16 , pp. 167-198
    • Shivdasani, A.1
  • 29
    • 0042849639 scopus 로고
    • London Stock Exchange, London
    • Stock Exchange Yearbook, 1989-1996 (London Stock Exchange, London).
    • (1989) Stock Exchange Yearbook
  • 31
    • 33845790377 scopus 로고
    • Outside directors and CEO turnover
    • Weisbach, Michael S., 1988, Outside directors and CEO turnover, Journal of Financial Economics 20, 431-460.
    • (1988) Journal of Financial Economics , vol.20 , pp. 431-460
    • Weisbach, M.S.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.