The Researches on the Influencing Factors of Top Management Team Replacement in Chinese SOEs

摘要

Since 1995, the Chinese State-owned Enterprises (SOEs) have been undergoing a period of restructuring and Top Management Team (TMT) replacement. Based on the review of literature,the authors identified three factors: proportion of government share, strategic change, and CEO replacement, which significantly affected the SOEs' TMT replacement in China.