CEO Turnover in Russian Corporations

The paper examines CEO turnover in Russian corporations, provides an overview of the relevant literature, describes the research method and presents empirical results. The methodological basis of the study is the theories of strategic and corporate management, principal-agent problem, etc. The liter...

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Autor principal: Kudin L.Sh.
Formato: article
Lenguaje:RU
Publicado: Ural State University of Economics 2018
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Acceso en línea:https://doaj.org/article/a779d21fe65845b3baa6764d17a81322
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spelling oai:doaj.org-article:a779d21fe65845b3baa6764d17a813222021-12-02T12:26:29ZCEO Turnover in Russian Corporations10.29141/2218-5003-2018-9-5-72218-5003https://doaj.org/article/a779d21fe65845b3baa6764d17a813222018-11-01T00:00:00Zhttp://upravlenets.usue.ru/images/75/7.pdfhttps://doaj.org/toc/2218-5003The paper examines CEO turnover in Russian corporations, provides an overview of the relevant literature, describes the research method and presents empirical results. The methodological basis of the study is the theories of strategic and corporate management, principal-agent problem, etc. The literature review allows us to characterize the mechanisms of CEO turnover. The author distinguishes the factors behind CEO turnover, such as characteristics of the board of directors, business ownership structure, stock yield and managerial entrenchment. The information base of the study is RUSLANA database. The article uses a database formation technique that takes into account the results of previous research. An analysis of CEO turnover is founded on the following information: CEO appointment date, the number of positions that a top manager holds in different companies and whether they is the company’s owner. The paper conducts an empirical analysis of the characteristics of Russian corporations and their CEOs and determines the intensity of CEO turnover. It reveals that, over the past 10 years, nearly 18 percent of corporations in Russia have not changed their CEOs, which may exhibit the signs of managerial entrenchment.Kudin L.Sh.Ural State University of EconomicsarticleCEO TURNOVERMANAGERIAL ENTRENCHMENTCORPORATIONCORPORATE GOVERNANCEBOARD OF DIRECTORSAGENCY PROBLEMBusinessHF5001-6182FinanceHG1-9999RUУправленец, Vol 9, Iss 5, Pp 65-73 (2018)
institution DOAJ
collection DOAJ
language RU
topic CEO TURNOVER
MANAGERIAL ENTRENCHMENT
CORPORATION
CORPORATE GOVERNANCE
BOARD OF DIRECTORS
AGENCY PROBLEM
Business
HF5001-6182
Finance
HG1-9999
spellingShingle CEO TURNOVER
MANAGERIAL ENTRENCHMENT
CORPORATION
CORPORATE GOVERNANCE
BOARD OF DIRECTORS
AGENCY PROBLEM
Business
HF5001-6182
Finance
HG1-9999
Kudin L.Sh.
CEO Turnover in Russian Corporations
description The paper examines CEO turnover in Russian corporations, provides an overview of the relevant literature, describes the research method and presents empirical results. The methodological basis of the study is the theories of strategic and corporate management, principal-agent problem, etc. The literature review allows us to characterize the mechanisms of CEO turnover. The author distinguishes the factors behind CEO turnover, such as characteristics of the board of directors, business ownership structure, stock yield and managerial entrenchment. The information base of the study is RUSLANA database. The article uses a database formation technique that takes into account the results of previous research. An analysis of CEO turnover is founded on the following information: CEO appointment date, the number of positions that a top manager holds in different companies and whether they is the company’s owner. The paper conducts an empirical analysis of the characteristics of Russian corporations and their CEOs and determines the intensity of CEO turnover. It reveals that, over the past 10 years, nearly 18 percent of corporations in Russia have not changed their CEOs, which may exhibit the signs of managerial entrenchment.
format article
author Kudin L.Sh.
author_facet Kudin L.Sh.
author_sort Kudin L.Sh.
title CEO Turnover in Russian Corporations
title_short CEO Turnover in Russian Corporations
title_full CEO Turnover in Russian Corporations
title_fullStr CEO Turnover in Russian Corporations
title_full_unstemmed CEO Turnover in Russian Corporations
title_sort ceo turnover in russian corporations
publisher Ural State University of Economics
publishDate 2018
url https://doaj.org/article/a779d21fe65845b3baa6764d17a81322
work_keys_str_mv AT kudinlsh ceoturnoverinrussiancorporations
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