A Study on Chief executive officer (CEO) tenure and the value of airlines

초록

This research examined the effect of chief executive officer (CEO) tenure on the value of airlines. Upper echelon theory was used as the theoretical underpinning. This research examined CEOs involved in publicly traded airlines listed on the US stock market. The study period was 1998–2013, and the number of researched airlines was 13. The sources of data were COMPUSTAT, EXECUCOMP, and Annual 10K. Two-way fixed effect regression was the instrument used for the estimations. The results indicated an inverted U-shaped association between the value of an airline and the tenure of its CEO.

키워드

항공사; 성과; 재직기간; 비선형관계; airline; performance; tenure; inverted U-shape relation
제목
A Study on Chief executive officer (CEO) tenure and the value of airlines
저자
문준호; 이상민; 이원석
발행일
2017-07
유형
Y
저널명
관광레저연구
권
29
호
7
페이지
321 ~ 331