Earticle

초록

영어

This study aims to examine the effect of firm performance on the CEO turnover in the sample of large business conglomerates, Chaebols in Korea. Using longitudinal data from 108 firms from large business conglomerates during 2001-2008, this study examined the effect of firm performance on the CEO turnover. This study finds that the profitability of firms does not have significant effect on the CEO turnover while the sales growth of firms have a negative effect on the CEO turnover. The results suggest that the performance of individual firms of large business conglomerates are likely to be evaluated on the base of how much the individual firms contribute to the accomplishment of the goal of business conglomerates, the expansion of the size of business conglomerates as a whole in terms of sales volumes. The sensitivity of CEO turnover to individual firms' sales growth is stronger in the cases of intra-group transfer than in the cases of CEO weeding-out. This study also finds that the sensitivity of CEO turnover to individual firms' sales growth is higher in the manager-controlled firms than in the owner-controlled firms.

목차

Ⅰ. 서론
 Ⅱ. 선행연구 및 연구가설
 Ⅲ. 표본 및 연구방법
 Ⅳ. 실증분석 결과
 Ⅴ. 결론 및 시사점
 참고문헌
 Abstract

키워드

저자

• 조영곤 [ Young-Gon Cho | 상명대학교 경영대학 국제통상학과 ]

참고문헌

발행기관

간행물

표지보기 관심저널 등록

• 간행물명

  생산성연구: 국제융합학술지 [Productivity Research: An International Interdisciplinary Journal]

• 간기

  격월간

• pISSN

  1225-3553

• 수록기간

  1987~2025

• 등재여부

  KCI 등재

• 십진분류

  KDC 325 DDC 330