MANAGEMENT TURNOVER THROUGH DEATHS OF KEY EXECUTIVES: EFFECTS ON INVESTOR WEALTH.

D. L. Worrell · Wallace N. Davidson · P. R. Chandy · Sharon Garrison

113 citations0/0 files storedAcademy of Management Journal

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Corporate Finance and Governance Financial Markets and Investment Strategies Human Resource and Talent Management

Abstract

As an initial step in redirecting research on turnover to focus on its consequences, this study examined the reaction of the securities' market to the deaths of certain key executives. Although dea...

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1980Agency Problems and the Theory of the Firm 1968An Empirical Evaluation of Accounting Income Numbers 1969The Adjustment of Stock Prices to New Information 1980Measuring security price performance 2003The Adjustment of Stock Prices to New Information 1977Estimating betas from nonsynchronous data 1979Review and conceptual analysis of the employee turnover process.1955Patterns of Industrial Bureaucracy.

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