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Contribution Details

Type Master's Thesis
Scope Discipline-based scholarship
Title Attractive Firms and Skilled CEOs
Organization Unit
Authors
  • Per Schmid
Supervisors
  • Per Nils Anders Östberg
Language
  • English
Institution University of Zurich
Faculty Faculty of Business, Economics and Informatics
Number of Pages 68
Date 2019
Abstract Text This thesis aims to investigate the link of rm attractiveness and CEO turnover decisions relying on a unique data set of CEO turnovers in Switzerland. Based on a rm's press coverage, a measure for rm attractiveness is constructed to examine its e ect on turnovers' underlying strategic motives and the ability to attract potential candidates. It is found that less attractive rms opt for turnovers accompanied by stronger strategic implications while more attractive rms focus on minimizing transition costs. The analysis of resulting CEO- rm matches provides only weak evidence in favor of more attractive rms' ability to attract superiorly skilled CEOs.
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