This Research Spotlight provides a summary of the academic literature on relation between CEO performance and turnover. It reviews the evidence of: The relation between performance and likelihood of termination, the relation between board attributes and likelihood of termination, and other factors that might influence CEO performance oversight. This Research Spotlight expands upon issues introduced in the Quick Guide “CEO Succession Planning.”
Copyright held by David F. Larcker and Brian Tayan. Further inquiries about reproduction and use should be directed to the Corporate Governance Research Initiative.