Author: exechange

By David F. Larcker and Brian Tayan * (exechange) — November 2, 2020 — Rarely are CEOs fired outright — only 14% of the time, according to exechange. Most of these involve termination for performance. However, sometimes CEOs are fired for misbehavior: expense abuse, lying to the board, affairs, harassment, etc. Why is it that,…