Author: exechange
The Push-out Score and its relationship with stock performance
By Dirk Schiereck * (exechange) — March 1, 2019 — Is the Push-out Score, indicating whether a CEO’s departure is voluntary or forced by assessing a large amount of information, significantly influenced by a firm’s stock performance prior to the CEO change, and can it forecast the stock price afterward? By empirically analyzing 327 CEO departures…