ISSN(Print): 2709-6254 | ISSN(Online) : 2709-6262 | ISSN-L : 2709-6254

Journal of Development and Social Sciences

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Title

Moderating role of Family involvement in Relationship between Corporate Performance and CEO’s turnover: Evidence from Chinese Firms

Authors
  1. Noheed Khan
    Assistant Professor, Department of Management Studies, The University of Faisalabad, Punjab, Pakistan
  2. Waseem ullah
    Lecturer, Department of Management Sciences, University of Gujrat, Gujrat, Punjab, Pakistan
  3. Khubaib Shahzad
    DBA (Scholar), Business and Management Department, University of Wales Trinity Saint David (London Campus)

Abstract
Prior studies regarding the corporate performance and CEO’s turnover produce inconclusive results. Using a comprehensive database of Chinese firms, this paper proposes a newly formulated conceptual framework that an introduction of interaction term of family involvement in the relationship between corporate performance and CEO’s turnover. Our data sample is composed of 1537 listed non-financial companies for the period 2006 to 2016. We use fixed effect model to analyze the data. The findings show that CEO turnover has a significant negative impact on corporate performance. Furthermore, the family involvement plays crucial moderating role in the relationship between corporate performance and CEO’s turnover. The robust and additional analyses validate the findings of the study.

Page Numers
401-414

Keywords
CEO’s turnover, Chinese Firms, Corporate Performance, Family involvement

Article
Article # 34
Volume # 2
Issue # 3

DOI info
DOI Number: 10.47205/jdss.2021(2-III)34
DOI Link: http://doi.org/10.47205/jdss.2021(2-III)34

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