Originality/Value – Overall, our results highlight the key economic role played by top corporate managers in major business restructurings, suggesting that CEO turnover leads to both real changes in managerial actions and altered reporting incentives.
We appreciate the comments and suggestions on earlier versions of the manuscript from Changling Chen, Feng Chen, Sarah Shonka, and participants of the AAA Annual Meeting and the Florida Atlantic University workshop. Additionally, we thank Joanna Golden, Adam Greiner, and Michael Killey for data collection. Jian Cao acknowledges the financial support from the Stone Fellowship.
Hsieh, H.-y.(., Cao, J. and Kohlbeck, M. (2018), "CEO Turnover and Major Business Restructurings", Malina, M.A. (Ed.) Advances in Management Accounting (Advances in Management Accounting, Vol. 30), Emerald Publishing Limited, Bingley, pp. 61-97. https://doi.org/10.1108/S1474-787120180000030004
Emerald Publishing Limited
Copyright © 2018 Emerald Publishing Limited