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Stock Price Reactions of Small Public Firms to the Loss of the CEO

机译:小型上市公司的股价对首席执行官流失的反应

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摘要

Small businesses typically have slim organizational structures when com- pared to their large business counter- parts. Therefore, should the death of a key executive occur in a small corpora- tion, conventional wisdom would predict that a decline in the stock price would likely follow, in part because of the inad- equacy of management depth. The research described in this study was directed at the "small" corporate sample of firms.
机译:与大型企业相比,小型企业通常具有苗条的组织结构。因此,如果关键管理人员的死亡发生在一个小公司中,则传统观点认为,股价下跌可能会随之而来,部分原因是管理深度不足。本研究中描述的研究针对的是“小型”企业样本。

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