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What is Corporate Governance in Emerging Markets about?

This document discusses testing whether corporate governance is ineffective in emerging markets by analyzing the relationship between CEO turnover and firm performance. The author examines data on over 1,200 firms in eight emerging markets to see if poorly performing CEOs are more likely to lose their jobs. Preliminary findings suggest corporate governance may not be ineffective, as CEO turnover is related to earnings and stock performance, similarly to studies of US firms. However, firms with large domesti

Author

biniam

Language

EN