CEO turnover-performance sensitivity in private firms
Gao, H., Harford, J., & Li, K. (2017)
Journal of Financial and Quantitative Analysis, 52(2), 583-611
Compares CEO turnover in public and large private firms. Private firms have lower turnover and lower turnover-performance sensitivity but larger post-turnover performance improvements.
Sourcedoi:10.1017/s0022109017000126132 citations (OpenAlex)