Analysis of the Impact of CEO Turnover During Financial Tsunami

• Main Authors: Chang Jian,Shiou wen, 張簡秀雯
• Other Authors: Lin, YuahChiao
• Format: Others
• Language: zh-TW
• Published: 2012
• Online Access: http://ndltd.ncl.edu.tw/handle/50720134543789755178

碩士 === 國立中正大學 === 會計與資訊科技研究所 === 100 === The purpose of this study is Analysis Financial Tsunami of CEO Turnover the Dimensions，Discussion on the CEO of listed companies in Taiwan to turnover the company's operating performance. In the listed company of Taiwan, CEO to change the message common occurrence. Or re-election because of the normality of the directors and supervisors、Or rotation due to the family、Or because of poor performance to turnover. Company to replace the manager inevitably doubts about the investment company's performance But the environment in such a difficult financial tsunami companies are made to replace general manager of the decision-making, this is a thought-provoking questions. Therefore, The study is analysis from 2007 to 2008 impact of CEO turnover during financial tsunami.Analysis of business an experience of grave financial events,Replace the CEO can effectively improve the Firm Performance ,Concurrent analysis of the impact of CEO transactions reasons for type on firm performance, And analysis of the elected successor of the impact of CEO type (internally promoted to appointment of outside professional of CEO) Performance, Has also joined the characteristics of the industry to analysis financial tsunami during the to replace the CEO of each industry, the performance difference, Look forward to the proper back to the enterprise as in the environment of significant financial events ,Considerations should be done to replace the of the impact of CEO decision making. The empirical results show that the financial tsunami during the to replace the of the impact of CEO of the results support the vicious cycle theory, Poor operating performance and transaction CEO of the company, Its operating performance because of the replacement of the impact of CEO further damage to the organization, Business performance is more downturn.