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来源类型Working Paper
规范类型报告
DOI10.3386/w29042
来源IDWorking Paper 29042
Communication within Firms: Evidence from CEO Turnovers
Stephen Michael Impink; Andrea Prat; Raffaella Sadun
发表日期2021-07-19
出版年2021
语种英语
摘要This paper uses novel, firm-level measures derived from communications metadata before and after a CEO transition in 102 firms to study if CEO turnover impacts employees’ communication flows. We find that CEO turnover leads to an initial decrease in intra-firm communication, followed by a significant increase approximately five months after the CEO change. The increase is driven primarily by vertical (i.e. manager to employee) communication. Greater increases in communication after CEO change are associated with greater increases in firm market returns.
主题Industrial Organization ; Firm Behavior ; Other ; Accounting, Marketing, and Personnel
URLhttps://www.nber.org/papers/w29042
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/586716
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GB/T 7714
Stephen Michael Impink,Andrea Prat,Raffaella Sadun. Communication within Firms: Evidence from CEO Turnovers. 2021.
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