CEO succession puzzle in the Polish capital market

PurposeThe purpose of this paper is to analyse the market reaction to the appointments of chief executive officers (CEOs) in companies listed on the Warsaw Stock Exchange. The authors focussed on the relationship between the characteristics of a newly appointed CEO and the shareholders’ reactions to...

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Veröffentlicht in:	Baltic Journal of Management 2018-09, Vol.13 (4), p.582-604
Hauptverfasser:	Byrka-Kita, Katarzyna, Czerwiński, Mateusz, Preś-Perepeczo, Agnieszka, Wiśniewski, Tomasz
Format:	Artikel
Sprache:	eng
Schlagworte:	21st century Abnormal returns Age Appointments & personnel changes Asymmetric information Business cycles Capital markets Chief executive officers Chief executives Companies Corporate governance Economic crisis Education Emerging markets Empirical analysis Financial performance Financial systems Hypotheses Investments Investors Owners Prices Regression analysis Resignations Return on assets Stock exchanges Stockholders Succession Transition economies Wealth
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