Full metadata record
| DC Field | Value | Language |
|---|---|---|
| dc.contributor | School of Accounting and Finance | en_US |
| dc.creator | Li, Beidi | - |
| dc.identifier.uri | https://theses.lib.polyu.edu.hk/handle/200/6749 | - |
| dc.language | English | en_US |
| dc.publisher | Hong Kong Polytechnic University | - |
| dc.rights | All rights reserved | en_US |
| dc.title | CEO turnover and internal control material weaknesses | en_US |
| dcterms.abstract | In this thesis I examine the relation between CEO turnover and subsequent internal control material weaknesses. Drawing on the literature that agency problems around CEO turnover are likely to increase and that CEO turnover causes organizational dislocation, I posit that CEO turnover may be associated with weak internal control quality. Using 7, 680 firm-year observations from 2004 to 2010 in the U.S. market, I document that firms with CEO turnover within three years before the internal control weakness disclosure tend to be associated with more internal control material weaknesses than firms without CEO turnover. This thesis also documents the impact of Chairman and CEO duality on the relation between CEO turnover and internal control material weaknesses. CEO and Chairman non-duality implies less interests alliance between the CEO and the shareholders and thus may lead to more agency problems around CEO turnover as well as more post-turnover organizational dislocation. The findings show that in firms whose CEO is not Chairman of the board the CEO turnover is significantly related with subsequent internal control material weaknesses while in firms whose CEO is also the Chairman the relation between CEO turnover and internal control material weakness is no longer significant. | en_US |
| dcterms.extent | vii, 161 p. : ill. ; 30 cm. | en_US |
| dcterms.isPartOf | PolyU Electronic Theses | en_US |
| dcterms.issued | 2012 | en_US |
| dcterms.educationalLevel | All Doctorate | en_US |
| dcterms.educationalLevel | Ph.D. | en_US |
| dcterms.LCSH | Chief executive officers. | en_US |
| dcterms.LCSH | Corporate governance. | en_US |
| dcterms.LCSH | Hong Kong Polytechnic University -- Dissertations | en_US |
| dcterms.accessRights | open access | en_US |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| b25301548.pdf | For All Users | 934.5 kB | Adobe PDF | View/Open |
Copyright Undertaking
As a bona fide Library user, I declare that:
- I will abide by the rules and legal ordinances governing copyright regarding the use of the Database.
- I will use the Database for the purpose of my research or private study only and not for circulation or further reproduction or any other purpose.
- I agree to indemnify and hold the University harmless from and against any loss, damage, cost, liability or expenses arising from copyright infringement or unauthorized usage.
By downloading any item(s) listed above, you acknowledge that you have read and understood the copyright undertaking as stated above, and agree to be bound by all of its terms.
Please use this identifier to cite or link to this item:
https://theses.lib.polyu.edu.hk/handle/200/6749